MeshWallet has raised $10 million in a private funding round to expand its gasless USDT wallet on the TRON network. The financing came from private investors and family offices, with no detailed institutional investor list or company valuation disclosed. The wallet aims to solve the user experience problem of needing a second token (TRX) to pay blockchain fees when transferring USDT. The company targets users treating stablecoins as money rather than as part of a crypto portfolio. The challenge will be converting the convenience factor into sustained user adoption and trust.
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