Mezo Network is enhancing its presence in the DeFi space by introducing a Bitcoin-native finance protocol that enables users to borrow and earn yield on BTC without selling it. The project focuses on self-custodial Bitcoin banking, integrating native Bitcoin utility into the Base ecosystem.
A key driver of Mezo's recent growth is its MUSD stablecoin, which is fully backed by Bitcoin reserves and pegged to the US dollar. This development is complemented by a significant liquidity migration from Ethereum to Base vaults. Additionally, Mezo's partnership with Aerodrome solidifies Base as the central liquidity hub for its ecosystem.
Mezo Network Expands DeFi Offerings with BTC-Backed MUSD Stablecoin
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