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ARTICLE · 15 MAY 2025

Weekly Blockchain Blog – May 12, 2025

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Several major U.S. fintech companies recently announced stablecoin initiatives. In one development, Mesh, a Dubai-based digital asset startup, announced that it has integrated with the popular...

United StatesTechnology
Robert A. Musiala Jr.
Robert A. Musiala Jr.
John Robertson
John Robertson
Jonathan Cardenas
Jonathan Cardenas
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U.S. Fintech Companies Announce Stablecoin Initiatives

By Robert A. Musiala Jr.

Several major U.S. fintech companies recently announced stablecoin initiatives. In one development, Mesh, a Dubai-based digital asset startup, announced that it has integrated with the popular payment application of a major U.S. tech firm. According to a press release, the tech firm's payment application has integrated with Mesh's "proprietary SmartFunding technology, which allows users to pay with the crypto of their choice, such as BTC, ETH, or SOL, while merchants settle in the stablecoin of their choice, such as USDC, USDT, PYUSD, and others." The press release notes that with the integration, users of the payment app "simply select the [payment app] option at checkout, authenticate with Face ID, and complete the transaction as they would with any fiat payment."

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