Bybit Integrates with Mesh for Seamless Crypto Spending

Bybit, the world's second-largest crypto exchange by trading volume, has partnered with Mesh to allow its users to spend their exchange balances without withdrawing or converting assets. This integration, announced on September 3, enables Bybit's roughly 80 million users to fund accounts or make direct payments on any Mesh-powered platform.

Much like Plaid connects bank accounts to fintech apps, Mesh is the 'Plaid of crypto payments,' sitting between users' existing holdings and merchants that want access. The company has built a network spanning over 300 wallets and exchanges, supporting more than 120 tokens across 24-plus blockchain networks.

The addition of Bybit to Mesh's roster is significant, as it now sits alongside Coinbase and Binance, giving merchants on the platform access to one of the largest user bases in crypto. Mesh handles settlement flexibility for businesses, allowing them to receive stablecoins, specific tokens, or fiat currency.