Startup Mesta settles cross-border payments in 5 seconds using stablecoins, revolutionizing international money movement.

From Yahoo Finance: 2025-06-19 19:30:00

A U.S.-based startup, Mesta, is revolutionizing cross-border payments by settling transactions in 5 seconds using stablecoins like USDC or USDT. This innovative approach aims to simplify international money movement for fintech platforms and businesses, reducing fees and settlement times significantly.

Mesta’s CEO, Sandeep Pyapali, describes the platform as a global fiat plus stablecoin payment network focused on making cross-border payments faster and more cost-effective. The company has processed $5 billion in volume as of Q4 2024 across over 200 platform integrations, supporting payments in more than 50 currencies.

Stablecoins, with a market capitalization exceeding $250 billion, are gaining traction in traditional markets. The recent passing of the GENIUS Act, a stablecoin regulation bill in the U.S. Senate, and the successful IPO of Circle, issuing the stablecoin USDC, demonstrate growing interest and demand for stablecoin solutions in the financial sector.

Mesta’s model of abstracting blockchain technology and offering a seamless API for cross-border payments aligns with industry trends aiming to simplify transactions and improve accessibility for businesses. By handling the technical and regulatory aspects behind the scenes, Mesta enables clients to leverage stablecoins for international payments without managing crypto infrastructure directly.

Read more: Startup claims to settle cross-border payments in 5 seconds using stablecoins