Crypto payments startup Mesh has announced a new feature integrating Apple Pay, allowing users to make purchases using digital assets while merchants receive payments in stablecoins.
New Feature and Its Features
The integration of Apple Pay into Mesh's system was announced at the Token2049 conference in Dubai. The new feature leverages Mesh's proprietary SmartFunding technology that converts crypto into stablecoins at the point of sale. This allows merchants to avoid the need to process or convert crypto directly, providing an accessible and straightforward payment option through Apple Pay's familiar interface.
Global Strategy for Crypto Payments
According to Mesh CEO and co-founder Bam Azizi, the company believes that once crypto payments become as seamless as fiat payments, there will be nothing to stop the mass migration of global commerce to blockchain platforms. The new feature is expected to be available for both online and brick-and-mortar retailers in Q2 2025. By using stablecoins, the payment process is presented as both stable and scalable for businesses.
Stablecoin Market and Competition
This move places Mesh among a growing number of fintech and crypto firms that are leveraging stablecoins for commerce. Previously, Stripe began testing stablecoin tools after acquiring Bridge, and PayPal launched its own USD-backed stablecoin last year.
Mesh aims to simplify the use of digital currencies in everyday life and is actively developing its stablecoin-based payment network, reflecting overall trends in the market.
