Mesh Introduces Apple Pay Support for Crypto Payments and Stablecoins

Mesh, a crypto payments startup, plans to introduce Apple Pay support for crypto transactions. This feature allows shoppers to pay using digital assets while merchants receive payments in stablecoins.

The announcement was made at Token2049 in Dubai.
Mesh uses SmartFunding technology to convert crypto to stablecoins at checkout.
This system enables merchants to avoid direct handling of crypto, providing a "plug-and-play" payment option through Apple Pay.
The launch is scheduled for the second quarter of the year.
Bam Azizi, CEO of Mesh, stated that seamless crypto payments could drive global commerce onto blockchain platforms.
Stablecoins are increasingly vital for payments, offering faster and cheaper alternatives to traditional methods.
Stripe is testing a stablecoin tool, while PayPal has launched its own stablecoin.
Earlier this year, Mesh raised $82 million to expand its stablecoin-based payment network globally.