Bill Barhydt

Dealwire.TECH Deal of the Week — Mesh ($75M Series C, $1B valuation) https://www.meshpay.com/ Crypto’s next chapter isn’t about speculation — it’s about payments infrastructure. Mesh’s $75M Series C at a $1B valuation signals a clear shift in investor conviction: capital is rotating from trading and token-centric narratives into real-world transaction rails. Mesh is building what many in the industry have talked about, but few have executed: a global crypto payments network that connects exchanges, wallets, and payment providers into a single interoperable layer. Consumers can pay with any supported digital asset, while merchants settle instantly in stablecoins or local fiat — no volatility risk, no wallet management, no fragmented integrations. The company’s asset-agnostic SmartFunding technology abstracts away blockchain complexity, routing “any-to-any” payments across chains and liquidity pools. The result is a horizontal payments layer that targets embedded deposits, remittances, and high-value cross-border commerce — areas where legacy card rails struggle with FX leakage, chargebacks, and delayed settlement. Led by Dragonfly, with participation from Paradigm and Coinbase Ventures, the round reflects strong alignment around an infrastructure-first thesis. Mesh’s ambitions — $1B in revenue and $1T in transaction volume — place it firmly in the category of next-generation global payment networks, not fintech tooling. Bottom line: If crypto is going to reach mass adoption, it won’t look like exchanges — it will look like invisible, instant payments embedded everywhere. #DealOfTheWeek #DealWire #CryptoPayments #Fintech #PaymentsInfrastructure #Stablecoins #Web3 #DigitalAssets

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The Senate Banking Committee votes Thursday on killing stablecoin yield. And they might kill the Clartiy Act with it - the 𝘮𝘰𝘴𝘵 𝘪𝘮𝘱𝘰𝘳𝘵𝘢𝘯𝘵 US digital asset legislation. This vote isn’t really about “consumer protection.” It’s about who captures the spread on money. Stablecoins exposed how fragile the zero-yield deposit model is. Paying users market rates threatens legacy bank margins — and suddenly it’s a systemic risk. The irony is striking: China is adding yield to the digital yuan while the U.S. debates banning it. One side is modernizing money; the other risks freezing innovation through protectionism. If the Clarity Act collapses, the real loss won’t be 4.5% yield — it will be regulatory certainty and U.S. leadership in digital finance.

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Potential to insource merchant acquiring infrastructure: Having a bank charter would allow PYPL to insource more payment processing responsibilities. In the U.S., non-bank merchant acquirers require a bank to act as a “BIN Sponsor” for settlement purposes and hold settlement accounts. We would expect PYPL to move more towards in house card processing over time, and having a banking license would aid in that process. This would likely be a relatively small financial benefit, but would allow PYPL to be more competitive with other full stack acquirers.

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tokenization might be eating the world, but we'll only realize its full benefits when the 'illliquidity' issue is fixed it requires 24/7 instant settlement and deep liquid markets to swap tokenized assets (RWAs) and tokenized money (stablecoins) at any time seamlessly Will Beeson, CFA is building Multiliquid by Uniform Labs to make this a reality

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Profound move from SEC commissioner Hester Peirce. Tokenization of IPOs, stocks, assets and companies is coming. This will allow for a more natural further transformation of them into Bittensor subnets. 👌🏼 https://lnkd.in/gPm7zDw8

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Today we’re introducing PCP: the Programmable Credit Protocol. A new institutional credit rail that allows financial institutions to request, receive, and enforce bilateral credit directly inside custody, without moving collateral, without bespoke legal negotiation, and with full regulatory alignment. Tokenization has unlocked settlement efficiency. PCP brings credit utility to these assets. Built with custodians, asset managers, and lenders, PCP standardizes: • Pre-loan negotiation via FIX (RFQ & pricing) • Custodian-enforced pledging, settlement & lifecycle events • Legal enforceability via a standardized & tested Securities Lending agreement, from ISLA. This unlocks compliant, scalable financing for tokenized MMFs, stocks, bonds, BTC/ETH, RWAs, and other digital & tokenized assets. After a successful pilot, we're now welcoming custodians, asset managers, banks, Lending desks and other institutions to join the waitlist and help shape the future of Credit for Programmable assets ! Thanks to everyone that made this happen ! Zodia Custody, Sahil Sood , Sophie Kazemi , Zane Suren 🚀, Franklin Templeton, Rafael Mastroberardino, Nate Pola, Avalanche Ava Labs , Maia Zennie Khalid Dannish , Oasis , William Wendt, Robert Brienza, Mark Kalin, M. Sc. CMS, Matthew Nyman, SemiLiquid Labs, PCP , Humayun Javed, Quentin H. Farzan Saqib, Muhammad Husnain, Muhammad Tayyab Ashraf, Maryam Noor, M11 Funds , Thibault Labidi , Logan Lim , Geoff McAlister , Stephen Whyman, Patrick McIntyre, Veris Ventures, Michael Tan, Mark Vere Read the full announcement here: https://lnkd.in/ednuzFtw Website: https://pcp.co

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Non-USD denominated stablecoins are still in their infancy, but the use cases are clear, argues Omid Scheybani, VP of Partnerships at Conduit The core challenge currently is a lack of liquidity, which is downstream from a lack of guidance on the regulatory side. Within 2-3 years' time these issues should be resolved, with local stablecoins in places Brazil and Mexico being the likely trailblazers followed by African markets like Nigeria and Kenya Catch my full interview with Omid at the Bitso Business Stablecoin Conference 2025 in Mexico City last month https://lnkd.in/dc3T3UsZ

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Memecoins on a Lending Protocol? Today we’re launching SHIB integration on Folks Finance xChain, the first time a memecoin gets full access to crosschain lending infrastructure. What this means for SHIB holders: → You can now deposit SHIB → Use it as collateral → Borrow assets across multiple chains → All without wrapping, bridging, or liquidity fragmentation This is powered by Chainlink Labs CCIP, giving SHIB seamless functionality across ecosystems. We’ve always believed that DeFi should support the tokens people actually hold. And today, SHIB becomes the latest to join that mission. Curious to hear, what’s the next token you want to see supported?

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