Mezo Mainnet Launches Bitcoin-Backed Stablecoin MUSD for Bankless Finance
TLDR
Mezo launches with MUSD, letting users borrow and spend without selling their Bitcoin.
Use your BTC to mint MUSD and access ultra-low fixed-rate loans—no banks needed.
Mezo’s Tigris engine automates rewards and revenue, fueling ecosystem growth.
Top partners like Lolli and Ledger bring cashback, gaming, and spending to Bitcoin DeFi.
Mezo’s Testnet hit $1.8B in loans—now it’s ready for the real deal.
Mezo has officially launched its Mainnet, introducing MUSD, a Bitcoin-backed stablecoin aimed at revolutionizing decentralized finance. The platform enables users to leverage their Bitcoin holdings without selling, offering low-interest loans and everyday payment options. By eliminating the need for traditional banking, Mezo aims to build a full-stack Bitcoin economy for both retail and institutional users.
MUSD Enables Bitcoin Utility Without Liquidation
Mezo allows users to mint and spend MUSD by using Bitcoin as collateral, offering financial flexibility without asset liquidation. Borrowers can access fixed-rate MUSD loans starting at just 1%, a significant drop from market rates of 5% or more. Users can now spend MUSD across decentralized applications while retaining full ownership of their Bitcoin.
🎉 Mezo mainnet is here!
A new chapter begins, where people can live off their Bitcoin without selling it.
Bank-free. Permissionless. Powered by Bitcoin. pic.twitter.com/fFyJtKipOt
— Mezo (@MezoNetwork) May 28, 2025
Additionally, MUSD’s integration in the Mezo ecosystem supports real-world use cases such as credit access and payments without depending on banks. This financial model aims to increase Bitcoin’s role in everyday transactions while shielding users from fiat currency volatility. Mezo ensures that HODLers can remain exposed to the upside of the BTC price while gaining liquidity.
The Mainnet follows Mezo’s successful Testnet, which saw over $322 million in stablecoin and wrapped BTC deposits and $1.8 billion in MUSD borrowed. During the testing phase, users executed more than 154,000 transactions, showcasing strong market interest. Mezo now begins its next phase with broader access and infrastructure upgrades.
Tigris Engine Powers Rewards and Protocol Revenue
Mezo introduced Tigris, a native incentive engine designed to manage protocol revenue and validator rewards efficiently across the Bitcoin ecosystem. This engine also enables scalable rewards distribution, tracking, and fund flow management throughout Mezo’s decentralized infrastructure. Tigris plays a central role in securing long-term user participation.
Moreover, the Tigris engine supports developers by creating programmable incentives and transparent reward mechanisms for application activity and ecosystem contribution. With Tigris in place, Mezo can automate processes across lending, borrowing, and spending. This ensures reliability and performance as user demand grows.
The platform intends to continue expanding this incentive model with upcoming integrations and user education. Mezo’s Maynet campaign will guide users through new features and partner programs. The objective remains clear—support Bitcoin as a productive capital asset in a fully decentralized ecosystem.
New Integrations Drive Bitcoin-Focused User Adoption
Mezo has also partnered with Lolli to integrate cashback rewards and bitcoin earnings into the ecosystem’s spending experience. Lolli’s 600,000 users can now benefit from direct access to Mezo features through routine purchases and mobile gaming. This integration expands Mezo’s appeal to a broader audience seeking passive Bitcoin income.
Other ecosystem partners include Ledger, BitRefill, Wormhole, Magic Eden, and SheFi, each offering services or infrastructure in MUSD. These collaborations extend Mezo’s utility across social finance, e-commerce, DeFi, and cross-chain applications. The focus remains on delivering user-friendly experiences while minimizing blockchain complexity.
With Mezo also supporting platforms like Fold, Xverse, and Zerolend, users gain broader access to DeFi tools, wallets, and real-world spending options. Mezo continues adding support for Bitcoin-native applications, aiming to accelerate adoption across markets. Future updates will prioritize accessibility and compatibility across EVM and Bitcoin Layer 2 solutions.
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Filed under: News - @ May 28, 2025 6:25 pm