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The clock is ticking, with only a short time remaining for the awaited launch. Mesh, under the leadership of CEO Bam Azizi, is gearing up to revolutionize the world of crypto payments by integrating Apple Pay into its system. This move is set to bridge the gap hindering widespread adoption of cryptocurrencies in everyday transactions.

Mesh's innovative approach involves enabling Apple Pay to process crypto transactions and seamlessly convert them into stablecoins during checkout. By doing so, this feature eliminates the requirement for merchants to handle cryptocurrency directly, offering a user-friendly payment solution through Apple Pay.

This groundbreaking development was disclosed at Token2049 in Dubai and showcases Mesh's SmartFunding technology at work. Set to debut later this quarter, this initiative will empower both physical and online retailers to embrace crypto payments without needing intricate backend setups.

Bam Azizi emphasized the significance of streamlining crypto payments for mainstream acceptance. The integration of blockchain technology and stablecoins has been gaining momentum in various sectors such as remittances and commerce due to their efficiency and cost-effectiveness.

Mesh Adds Apple Pay to Let Shoppers Spend Crypto, Settle in Stablecoins

The feature aims to close the "last-mile" gap that has stalled mass crypto adoption in payments, co-founder and CEO Bam Azizi said.

• Mesh is introducing Apple Pay support for crypto transactions, converting crypto to stablecoins at checkout.
• The feature is planned to launch later this quarter and will allow retailers to accept crypto payments without the need of handling crypto directly.
• Stablecoins are becoming a key payment tool in crypto, fueling broader real-world adoption.

Having recently secured $82 million in funding, Mesh is on a mission to expand its network globally and make stablecoin-based payments settlement more accessible on a large scale.

The feature, unveiled during Token2049 in Dubai, converts crypto to stablecoins at checkout using Mesh’s proprietary SmartFunding technology. The system sidesteps the need for merchants to handle crypto directly, offering what Mesh calls a “plug-and-play” payment option through Apple Pay’s interface.

This way, brick-and-mortar retailers and webshops can accept crypto payments without the need for building out the necessary infrastructure. Mesh plans to launch the feature later in the second quarter of the year.

“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,” said Bam Azizi, CEO and co-founder of Mesh.

Blockchain rails and stablecoins, which are crypto tokens pegged to the value of traditional currencies, have become increasingly central to payments. They offer faster, cheaper alternative to traditional channels, and are rapidly growing for remittances, payroll and commerce. Payments giant Stripe is testing a stablecoin tool following its acquisition of Bridge, while PayPal launched its own stablecoin.

Mesh raised $82 million earlier this year to expand its stablecoin-based payments settlement network globally.