Mesh Secures $75M Series C to Enhance Stablecoin Orchestration

Stablecoin Platform Mesh Raises $75M Series C Round

Stablecoin and crypto orchestration is difficult, which is why Mesh has been on a mission to coordinate exchanges, applications, stablecoins and fiat on/off-ramps.

Ron Kotli

Published: January 28, 2026

2 Min Read

Disclosure: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.

Mesh has announced a $75M raise in a series C round.

Stablecoin and crypto orchestration is difficult, which is why Mesh has been on a mission to coordinate stablecoin deposits and transfers across exchanges, applications, stablecoins and fiat on/off-ramps.

Mesh has secured this round at a $1B valuation with lead VC Dragonfly Capital and participants Paradigm, Modern Ventures, Coinbase Ventures and others.

🎉 Mesh has closed a $75M Series C at $1B valuation. 🦄

This is more than a funding round–it’s the beginning of the end for legacy payments.

For too long, global commerce has been stuck with systems that are slow, siloed, and expensive for both merchants and users. That era is… pic.twitter.com/obUnVp3uYS
— Mesh | We Are Hiring! (@meshpay) January 27, 2026

Stablecoin Orchestration Needs Solving

Its main use-cases that it serves come from diversified categories, from gaming and Web3 applications for crypto native users to more retail driven adoption across luxury purchases and travel booking that see high recurring costs and invoicing on a regular basis.

Stablecoin orchestration is still a complicated task that needs to be abstracted away from its onchain and offchain settlement corridors, and Mesh is ensuring just that.

On a competitive note, the moat for stablecoin companies is no longer issuance – this has been over time absorbed by the largest players and white-label solutions – but making interoperable stablecoin payments work.

Others like Eco and Borderless are tackling the problem from similar principles, with the former focusing on onchain bridging and the latter on broader payment and fx conversions.