Startup claims to settle cross-border payments in 5 seconds using stablecoins
Startup claims to settle cross-border payments in 5 seconds using stablecoins originally appeared on TheStreet.
Global payments remain slow, expensive, and fragmented—especially for businesses operating across borders. Mesta, a U.S.-based startup, is aiming to address that challenge by combining stablecoins, fiat rails, and an API-first approach to simplify cross-border transactions for fintech platforms and enterprise clients.
'Mesta is a global fiat plus stablecoin payment network,' said Sandeep Pyapali, head of payments during an interview with TheStreet Roundtable. 'We're focused on making international money movement faster and more cost-effective.'
Mesta enables platforms to send payments using stablecoins like USDC or USDT, then convert to local fiat currencies for delivery. The result, according to Pyapali, is significantly lower fees and significantly faster settlement times, with some transactions clearing in under five seconds.
For many businesses, blockchain remains a complex and opaque space. Mesta's approach attempts to abstract much of the underlying technology, offering a single API for cross-border payments without requiring clients to manage crypto infrastructure directly.
'Most businesses don't want to learn how stablecoins work—they just want to make payments,' Pyapali said.
This model resembles what other platforms like Circle have tried to achieve—reducing friction around blockchain adoption by handling the technical and regulatory layers behind the scenes.
Mesta currently supports payments in more than 50 currencies and has processed $5 billion in volume as of Q4 2024, across over 200 platform integrations.
'Our customers are primarily fintech platforms,' Pyapali said. 'They're using stablecoins for cross-border payments and tapping into local rails for delivery.'
Stablecoins currently have a market capitalization of over $250 billion, but experts believe this could go to trillions by 2030. In the U.S., the GENIUS Act, a stablecoin regulation bill, passed the Senate with support from both parties to cheers from crypto holders.
Circle, who issues the stablecoin USDC, recently IPO'd on June 5th at $31 per share. At press time, it was up over 500%, at $199.59, showing clear appetite for stablecoins from traditional markets.
Startup claims to settle cross-border payments in 5 seconds using stablecoins first appeared on TheStreet on Jun 19, 2025
This story was originally reported by TheStreet on Jun 19, 2025, where it first appeared.
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