Mesh to introduce Apple Pay for crypto payments
Crypto payments startup Mesh is introducing Apple Pay support to facilitate digital asset transactions, enabling merchants to settle payments in stablecoins.
The new feature, set to roll out later this quarter, aims to simplify crypto payments by converting digital assets to stablecoins at checkout using Mesh’s SmartFunding technology.
This solution eliminates the need for merchants to directly handle cryptocurrency, offering an easy-to-integrate payment option through Apple Pay’s interface.
With this update, retailers—both brick-and-mortar and online—will be able to accept crypto payments without needing to invest in additional infrastructure.
“We believe that as soon as crypto payments are as seamless as fiat payments, nothing is left to stop the mass migration of global commerce onto blockchain rails,” stated Bam Azizi, CEO and co-founder of Mesh.
Stablecoins, crypto tokens pegged to traditional currencies, are becoming a key tool in payments, providing a faster, more cost-effective alternative to traditional systems.
These stablecoins are gaining traction in remittances, payroll, and commerce. Stripe has been testing a stablecoin solution after acquiring Bridge, and PayPal has launched its own stablecoin.
Mesh recently raised $82 million to expand its stablecoin-based payments network globally, aiming to facilitate easier integration for merchants.
This development represents a step forward in the ongoing efforts to close the “last-mile” gap in the adoption of crypto payments for everyday transactions.
The feature is expected to launch in the second quarter of 2025, bringing Apple Pay support to a broader audience.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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