Mesh Raises $82M ‘Stablecoins Supported’ Funding, to Expand its Global Crypto Payments Network

Monicah W

Mesh, a pioneering global crypto payments network established in 2020, has announced securing $82 million in funding to expand its global crypto payments infrastructure.

Its network, which interconnects prominent exchanges, wallets, and financial services, allows users to transact using various crypto assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Notably, merchants receive the equivalent value in stablecoins like PYUSD or USDC, ensuring predictable settlements.

As stablecoins gain prominence in global crypto payments, Mesh disclosed that a significant portion of its $82 million funding was settled in PayPal-backed USD stablecoin (PYUSD). The funding round was led by Paradigm, with participation from ConsenSys, QuantumLight Capital, and Yolo Investments—marking a major milestone in Mesh’s mission to enhance seamless crypto transactions and further integrate stablecoins into global payment networks.

Mesh’s Global Payment Network – ‘Making Crypto as simple as fiat’

Mesh, at the forefront of crypto payments innovation, provides users and merchants a secure, efficient, and user-friendly platform that connects exchanges, wallets, and financial services.

With over 300 supported platforms, including major crypto exchanges like Binance, Coinbase, and MetaMask, Mesh enables users to transact directly from their wallets without requiring traditional intermediaries. This integration simplifies the payment process, eliminating the need for manual address entries or switching between platforms.

By eliminating the need for manual address inputs and reducing transaction friction, Mesh aims to streamline crypto adoption in everyday payments. Notably, last year in November, Mesh, as the U.S. fintech whose investors include PayPal Ventures, joined forces with Reown (formerly WalletConnect) to launch wallet ownership verification for UTXO-based assets, beginning with Bitcoin.

And now Mesh aims to use the newly secured funds to expand Mesh’s payment infrastructure, focusing on integrating more financial institutions and enabling broader stablecoin settlements.

Stablecoins
Mesh’s Global Crypto Payments Network

Stablecoins at the Center of VC Funding

As mentioned, one of the most notable aspects of Mesh’s funding round is that a significant portion of the investment was settled using PayPal’s stablecoin (PYUSD). This highlights the growing role of stablecoins in institutional finance, demonstrating their ability to serve as a bridge between crypto and traditional financial ecosystems.

The adoption of stablecoins and the other cryptocurrencies for the global real-world payments has been witnessing accelerating attention with major firms such as Stripe, PayPal, Plume, among others, working towards it.

Stablecoins, such as PYUSD, USDC, and USDT, have gained traction as preferred digital assets for global payments due to their price stability and instant settlement capabilities. Mesh is actively working to enhance its stablecoin-based settlement network, allowing businesses to accept various cryptocurrencies while receiving stable and predictable payouts in USD-pegged digital assets.

In another recent boost to the accelerating stablecoin adoption, the US administration has been witnessing significant momentum in Washington for the passage of new Stablecoin Bill, known as Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.

The Future of Crypto Payments

As crypto adoption continues to grow, the demand for reliable payment infrastructure is increasing. Mesh’s success in securing $82 million in funding signals a strong market demand for frictionless, stablecoin-based payments.

With an increasing number of companies and merchants embracing crypto transactions, Mesh is well-positioned to become a key player in the Web3 financial ecosystem. As the regulatory landscape evolves and stablecoins gain wider acceptance, platforms like Mesh will play a crucial role in bridging the gap between crypto and traditional finance.

Thus, with the backing of leading investors and a clear roadmap for expansion, Mesh is poised to reshape the future of digital transactions. As the company scales its operations, the impact of stablecoins and crypto payments on mainstream finance is expected to grow, paving the way for a more efficient and interconnected digital economy.

For more updates on Mesh and its global expansion, stay tuned to BrandTalk on our latest reports on advancements by Web3 Brands.

The post Mesh Raises $82M ‘Stablecoins Supported’ Funding, to Expand its Global Crypto Payments Network appeared first on CoinGape.

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Cardano Price Pulls Away From $1 After 9% Drop, Yet Traders Seem Optimistic

Cardano (ADA) has struggled to maintain $1 as support, facing resistance that led to a sharp 9% decline in the last 24 hours. Despite this downturn, traders appear increasingly bullish. 

With ADA currently trading at $0.80, the recent price action has sparked optimism, opening the door for a potential recovery.

Cardano Enthusiasts Are Certain Of Recovery

Cardano’s funding rate is on the verge of turning positive after nearly a week in the negative zone. This shift indicates a potential change in trader sentiment.

When the funding rate is negative, short sellers dominate, showing bearish sentiment. However, as the rate moves toward positive territory, it suggests traders are now placing more long contracts than short, signaling confidence in a price rebound.

The shift in sentiment follows ADA’s price drop to $0.80, allowing traders to enter positions at lower levels. Many now anticipate an uptrend, believing the cryptocurrency’s recovery is imminent.

Cardano Funding Rate.
Cardano Funding Rate. Source: Coinglass

One key metric supporting Cardano’s potential recovery is the Market Value to Realized Value (MVRV) Long/Short Difference, currently at 23%. This metric assesses the profitability of long-term holders (LTHs) versus short-term traders.

A positive value indicates LTHs are sitting in profits, reinforcing market stability.

Long-term holders often act as the backbone of an asset, and their profitability supports overall market health. As these investors see their positions return to profit, they are less likely to sell, reducing downward pressure on ADA’s price.

Cardano MVRV Long/Short Difference
Cardano MVRV Long/Short Difference. Source: Santiment

ADA Price Is Aiming High

Cardano’s price fell by 16.8% over the past 48 hours, struggling to breach the $0.99 resistance level. This sharp decline pushed ADA to its current trading price of $0.80, leaving traders assessing potential recovery scenarios.

Despite the drop, Cardano has maintained support above $0.77, suggesting a possible bounce. If the funding rate flips positive and macro momentum remains strong, ADA could reclaim $0.85 as support.

A successful flip would enable Cardano to retest $0.99 and potentially establish $1.00 as a new support level.

Cardano Price Analysis.
Cardano Price Analysis. Source: TradingView

However, risks remain. If broader market conditions deteriorate, ADA could lose its footing above $0.77. A break below this level would invalidate the bullish outlook, exposing Cardano to a further decline towards $0.70.

The post Cardano Price Pulls Away From $1 After 9% Drop, Yet Traders Seem Optimistic appeared first on BeInCrypto.

Michael Saylor Proposes $81 Trillion Bitcoin Reserve Plan to US Government

Michael Saylor shared an ambitious proposal for the US government to accumulate a vast Bitcoin reserve that he claims could generate up to $81 trillion in wealth by 2045.

The outspoken Bitcoin (BTC) advocate and co-founder of Strategy (formerly MicroStrategy) shared the blueprint during the White House Crypto Summit.

Michael Saylor’s Bitcoin Accumulation Blueprint For Trump’s Government

Syalor’s plan, presented as a blueprint for economic dominance, calls for the nation to acquire between 5% and 25% of the Bitcoin network over the next decade through consistent, programmatic daily purchases.

“I shared this at the White House Digital Assets Summit,” Salor confirmed.

Saylor’s vision rests on the idea that Bitcoin will appreciate significantly over time due to its fixed supply and growing global adoption.

Under his plan, the US government would begin accumulating Bitcoin in 2025 and continue until 2035, by which point 99% of all Bitcoin will have been mined.

“Acquire 5-25% of the Bitcoin network in trust for the nation through consistent, programmatic daily purchases between 2025 and 2035, when 99% of all BTC will have been issued,” read an excerpt in the blueprint.

Following this strategy, the US could acquire up to a quarter (25%) of the total supply, locking in a dominant position in the global financial system. Saylor argued that such a move would have a transformative economic impact.

Saylor estimates that the Strategic Bitcoin Reserve could generate between $16 trillion and $81 trillion in value for the US Treasury by 2045. Notably, this prediction hinges on the scale of adoption and Bitcoin’s future price appreciation.

The reserve would act as a long-term store of value for the nation, offering an alternative to traditional monetary assets and providing a powerful hedge against inflation.

Also, Saylor said the strategy would secure America’s financial future, strengthen the dollar, reduce national debt, and cement the country’s status as a global economic leader.

Saylor Discourages US Government From Selling Bitcoin Holdings

One of the most striking aspects of Saylor’s proposal is his assertion that the US should never sell its Bitcoin holdings. Instead, he envisions the SBR generating at least $10 trillion annually by 2045 through appreciation and other financial mechanisms.

He claims this would create a self-sustaining economic engine capable of addressing national debt concerns. It would also position the US to fund technological advancements, critical infrastructure, and social programs without increasing taxes or borrowing excessively.

Beyond buying Bitcoin, Saylor’s broader digital asset framework includes sweeping regulatory changes designed to position the US as the epicenter of the digital currency wave.

He advocates for clear, supportive regulations that encourage innovation while ensuring market integrity.

“Hostile and unfair tax policies on crypto miners, holders, and exchanges hinder industry growth and should be eliminated, along with arbitrary, capricious, and discriminatory regulations,” Saylor added.

His plan divides digital assets into four categories—digital tokens, digital securities, digital currencies, and digital commodities. Each of these, he indicated, serves a specific function within the economy.

Notably, if the US government heeds Saylor’s 25% Bitcoin supply purchase, it would hold 5.25 million BTC. This would be more than the 1 million BTC (5% of the supply) Wyoming Senator Cynthia Lummis proposed in the Bitcoin Act introduced in August 2024.

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