PayPal Ventures Makes Stablecoin Investment in Mesh

PayPal Ventures invested in Mesh, an embedded finance platform for cryptocurrency transfers and payments.The funding was made almost entirely with PayPal USD and marks the first time PayPal Ventures has used PayPal’s in-house stablecoin for an investment, according to a Monday (Jan. 29) press release. (No dollar amounts were given).Founded in 2020, Mesh helps businesses integrate crypto transfers and payments directly into their platforms, saving users from having to switch between platforms.“As the world o ...