According to CoinMeta, Bybit's payment service Bybit Pay has integrated with the encrypted payment infrastructure provider Mesh, allowing users to directly use their Bybit account balances to make payments or top up accounts on platforms that support Mesh without the need to withdraw or transfer assets first. Merchants can integrate the new Bybit Pay payment option through their existing Mesh and use the programmable settlement function to control the settlement times and methods for different markets. Mesh indicates that its network has connected more than 300 wallets, exchanges, and financial service platforms. The company completed a $75 million Series C financing led by Dragonfly in January this year, with a valuation of $1 billion, and has raised a total of over $200 million to date. It also plans to expand into Latin America, Asia, and Europe.