Mesh, a modern embedded finance solution facilitating digital asset transfers, announced an investment from PayPal Ventures using PayPal’s U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). This marks the first instance of PYUSD being utilized as the funding instrument for a PayPal Ventures investment, emphasizing PayPal’s dedication to fostering innovation in the digital payments sector. Mesh, with over 300 integrations, aims to serve as the connection layer for various crypto platforms and financial service providers, and the investment is anticipated to contribute significantly to the advancement of embedded finance and native stablecoins.
Mesh Announces Investment from PayPal Ventures
