Bybit Pay integrates with Mesh crypto payments network
Quick Look
- Bybit Pay, the payments arm of crypto exchange Bybit, has integrated with Mesh, enabling users to pay and fund accounts on supported platforms directly from Bybit balances without prior withdrawal.
- The integration allows businesses using Mesh to add Bybit Pay as a payment option, accessing Bybit's claimed 80 million users, and supports programmable settlement options.
- Mesh connects over 300 wallets, exchanges, and financial platforms, raised $75 million in January at a $1 billion valuation, and plans expansion across Latin America, Asia, and Europe.
AI-generated summary
Why It Matters
Bybit Pay is the payments arm of the crypto exchange Bybit. Mesh is a crypto payments infrastructure provider that raised $75 million in a Dragonfly-led Series C in January, achieving a $1 billion valuation and planning expansion across Latin America, Asia, and Europe.
Bybit Pay, the payments arm of crypto exchange Bybit, has integrated with crypto payments infrastructure provider Mesh, allowing users to make payments and fund accounts on supported platforms directly from their Bybit balances.
The integration lets Bybit users select Bybit Pay at checkout or when funding an account without first withdrawing or transferring assets to another platform.
For businesses already integrated with Mesh, Bybit Pay can be added as a payment option through their existing integration, giving them access to Bybit’s claimed 80 million users. Bybit said the integration also supports programmable settlement options, allowing businesses to control how and when payments are settled across different markets.
Mesh said its network connects more than 300 wallets, exchanges and financial services platforms, allowing users to move digital assets between participating services.
In January, the company raised $75 million in a Dragonfly-led Series C, valuing the crypto payments company at $1 billion and bringing its total funding to more than $200 million. Mesh said at the time that it planned to expand across Latin America, Asia and Europe.
What to Watch
AI outlook — possibilities, not facts
More businesses integrated with Mesh will adopt Bybit Pay as a payment option in the coming months.
Likely · Within months
Mesh will continue expanding its network across Latin America, Asia, and Europe as previously planned.
Likely · Within months
Open Questions
- Which specific platforms or businesses have already integrated Mesh and will now support Bybit Pay?
- What are the exact programmable settlement options available to businesses through this integration?
- How will the integration affect transaction fees or processing times for users?
