Bybit Pay, the payments arm of crypto exchange Bybit, has joined the Mesh crypto payments network, enabling the exchange’s users to spend digital assets and fund accounts on supported platforms directly from their Bybit balances without first withdrawing or transferring funds elsewhere.
How the Integration Works
The partnership allows Bybit users to select Bybit Pay at checkout or when funding an account on any Mesh-powered platform. For businesses already operating within the Mesh network, adding Bybit Pay as a payment option requires no additional technical work beyond their existing Mesh integration.
Bybit said the integration also supports programmable settlement options, giving businesses control over how and when payments are settled across different markets.
Scale and Reach
Mesh said its network currently connects more than 300 wallets, exchanges, and financial services platforms, allowing users to move digital assets between participating services. By joining the network, Bybit opens its claimed 80 million registered users as a potential payment and funding source for every business already integrated with Mesh.
Mesh’s Funding Backdrop
The integration comes several months after Mesh closed a Dragonfly-led Series C funding round in January, raising 75 million dollars. The round valued the crypto payments infrastructure company at 1 billion dollars and brought its total funding to more than 200 million dollars. Mesh said at the time it planned to use the capital to expand across Latin America, Asia, and Europe.
