Mesh, the crypto payments network, announced additional investments from PayPal Ventures, Coinbase Ventures, and others bringing total capital funding to more than $130 million. Mesh’s technology supported the launch of PayPal’s Pay with Crypto service, which allows consumers to pay with a wide range of cryptocurrencies and eligible wallets. Mesh’s technology enables consumers to seamlessly pay using 100+ wallets and cryptocurrencies through Mesh’s SmartFunding orchestration engine. This allows PayPal merchants to tap into a rapidly growing $3 trillion market with over 650 million crypto users. With integrations across Coinbase, Binance, ByBit, OKX, Paribu, Uphold, and more, Mesh’s technology already reaches hundreds of millions of users. Mesh’s SmartFunding technology eliminates friction in crypto payments, enabling users to pay with any digital asset while merchants receive instant settlement in stablecoins, such as PYUSD, or fiat. This innovative approach addresses the mismatch problem where users often hold different cryptocurrencies than what merchants prefer, ensuring a seamless checkout experience with the benefits of blockchain technology. With the stablecoin market having a market cap over $200 billion and powering $27.6 trillion in transaction volume, consumers and merchants want stable assets like stablecoins and local currency. Mesh is unlocking liquidity, making these assets fungible with its SmartFunding orchestration engine.