Mesh, the crypto payments network, has partnered with Paxos, the regulated blockchain infrastructure and tokenization platform, to simplify and secure crypto deposits from verified sources. This integration allows Paxos to deploy Mesh’s technology across its customer base, improving safety and efficiency for digital asset transfers.

Secure, Compliant Crypto Movements

The collaboration enables Paxos to verify ownership of external wallets and exchange accounts before accepting deposits of assets like PayPal USD (PYUSD) and Global Dollar (USDG) issued by Paxos. By combining compliance with convenience, the integration addresses a persistent challenge in crypto transfers: reducing errors and fraud while maintaining regulatory standards.

Mesh will also join the Global Dollar Network, the world’s fastest-growing stablecoin ecosystem. The network expansion enhances USDG’s utility and ensures seamless deposits across partner platforms, reinforcing Paxos’ strategy to offer institutions a safer entry into digital assets.

From Traditional Payments to Crypto Efficiency

Historically, crypto transfers have been cumbersome. Mesh brings traditional payment network reliability to the digital asset space, offering a secure, closed-loop system for deposits, merchant payments, and compliant payouts.

“By integrating Mesh, Paxos is setting a new bar for how assets should move across the global financial ecosystem: instantly, securely, and from verified sources,” said Bam Azizi, CEO of Mesh. “Together, we’re enabling millions of users to transact with the confidence expected from traditional finance while paving the way for the next wave of financial innovation.”

Strategic Growth and Innovation

The partnership builds on Mesh’s recent developments, including the launch of Mesh Wallet, which allows AI agents to complete real-world transactions using stablecoins. The company has also raised over $130 million from investors including PayPal Ventures and Coinbase Ventures, forged partnerships with RedotPay and Rain, and expanded globally with a new office in India.

Implications for Crypto and FinTech

For institutional players and fintech innovators, this partnership demonstrates how crypto payments networks are maturing, bridging traditional finance reliability with blockchain efficiency. It also signals growing industry emphasis on compliance-first infrastructure, particularly as stablecoins gain traction in global payments.