Apple Pay Starts Accepting Cryptocurrency: Mesh Launches New Stablecoin Integration
Date: 2025-05-02 Author: Gabriel Deangelo Categories: BUSINESS
The integration is expected to be available with a public release in the second quarter of 2025. The main goal is to simplify the process of accepting cryptocurrency payments for merchants, eliminating the need for them to create their own blockchain infrastructure.
Mesh will offer buyers the ability to pay for goods using cryptocurrencies such as Bitcoin, Ethereum, Solana and others, while sellers will receive payments in stablecoins such as USDC, USDT or PYUSD. This ensures the stability of settlements and flexibility for transaction participants.
The system will be based on SmartFunding technology developed by Mesh. This technology ensures the stability of transactions, which is important for sellers, and at the same time gives flexibility to buyers using different cryptocurrencies.
The Apple Pay integration will use NFC technology, which will allow you to pay for goods in stores with cryptocurrency. The payment process will be as fast and simple as using a regular bank card: just select the cryptocurrency, confirm the transaction with Face ID, and complete the payment in a matter of seconds. This is a major step for Apple Pay towards supporting cryptocurrency payments.
Mesh has successfully raised $82 million in a Series B round, which included investors such as Paradigm, Consensys, and Yolo Investments. The platform already has over 300 integrations, including such well-known names as Coinbase, Binance, MetaMask, and Phantom. This strengthens Mesh's position as one of the leaders in the field of crypto payment solutions.
Mesh is not the only one making moves towards crypto payments. Stripe recently announced the launch of its own stablecoin, designed for businesses outside the US and Europe. PayPal has already issued PYUSD and offers yield for holders. Jack Dorsey, the founder of Twitter, also called for the implementation of BTC support in the Signal messenger.
Overall, the trend in the cryptocurrency industry is changing: Bitcoin is increasingly used not only as an asset for storage, but also as a convenient tool for everyday transactions.
