The Mesh cryptocurrency startup plans to launch Apple Pay support for cryptographic transactions, which allows buyers to pay with digital assets while establishing transactions in Stablecoins for merchants.
The feature, presented during Token2049 in Dubai, converts cryptography into Stablcoins at the end of the purchase using the patented technology of Mesh Founding. The system avoids the need for merchants to manage Crypto directly, offering what Mesh calls a “plug-and-play” payment option through the Apple Pay interface.
In this way, retail and mortar retail and mortar workshops can accept cryptographic payments without the need to develop the necessary infrastructure. Mesh plans to launch the function later in the second quarter of the year.
“We believe that as soon as cryptographic payments are as fluid as fiduciary payments, there is nothing left to stop the massive migration of global trade in Blockchain Rieles,” said Bam Azizi, CEO and Mesh co -founder.
Blockchain and stable rails, which are cryptographic tokens linked to the value of traditional currencies, have become increasingly central to payments. They offer a faster and more cheap alternative to traditional channels, and are growing rapidly for remittances, payroll and commerce. Payments Giant Stripe is testing a Stablecoin tool after Bridge’s acquisition, while Paypal launched his own Stablecoin.
Mesh raised $ 82 million earlier this year to expand its Payment Liquidation network based on stablecoin worldwide.
