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09.02 - 21:14
PayPal uses stablecoin to invest in Mesh
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finextra.comThis is the first time that PayPal Ventures has used PYUSD for an investment since the stablecoin's launch last summer. The funds were transferred on chain using Mesh’s APIs.
The investment comes on the heels of Mesh’s $22 million Series A funding round, backed by new investors including Money Forward, Galaxy, and Samsung Next.
Mesh helps businesses to integrate crypto transfers and payments directly into their existing platforms, eliminating the need for users to switch between platforms.
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