The Crypto payment company announced Tuesday that it had raised $ 82 million to extend its payment settlement network based on Stablescoin worldwide.
The Tour of the B series was led by Paradigm, with Consensys, Quantumlight, Yolo Investments, Evolution VC, Hike Ventures, Opportunité and Altair Capital participating.
The major elevation of the capital has been settled in Pyusd de Paypal stable, according to the press release.
Mesh develops a network of payments on blockchain rails, connecting cryptographic wallets with exchange payment providers for traders. With the mesh, users can pay with cryptographic assets such as Bitcoin (BTC), Ether (ETH) and Solana soil, while traders govern the stable -coxin payment of their choice, including USDC from Circle, Pyusd de Paypal and Rusd de Ripple.
“The regulatory clarity takes shape, the institutions are looking at and the Stablecoins are booming, Bam Azizi, CEO and co -founder of Mesh, said Tuesday in a LinkedIn article.” With this capital, we develop on a global scale to make cryptographic payments as simple as the use of a credit card. “”
Stablecoins are one of the fastest growth sectors in the crypto and have multiplied by an asset class of $ 200 billion in digital assets. With their prices anchored to an external asset, mainly in the US dollar, they serve as key infrastructure for digital asset trading. They are also increasingly popular vehicles for payments, savings and funding, especially in developing countries, as a cheaper and faster alternative to traditional banking rails.
Thanks to rapid growth, venture capital companies are increasingly investing in projects that build stablecoin services and infrastructure. Felix Hartmann, founder and general partner of the investment company Hartmann Capital, said in a Tuesday report that the “Big Trade in Crypto” was stablecoins, because with tokenized financial assets, they will lead the next wave of growth in the adoption of digital assets.
The payments, the acquisition by the payments giant, of Stablecoin Platform Bridge for $ 1.1 billion last year, was a pivotal moment, stressing the potential of the floors in the world payments of payments.
