Mezo Network Launches Bitcoin-DeFi Mainnet With 1% Borrowing Rates

Mezo Network has officially launched its mainnet, unveiling a Bitcoin-centric decentralized finance platform that allows users to borrow stablecoin loans and earn yields using Bitcoin as collateral without selling their holdings. The platform’s native stablecoin, MUSD, is fully backed by Bitcoin and enables ultra-low fixed interest loans starting at 1%, supporting a bankless, permissionless financial ecosystem tailored for Bitcoin users. Since its testnet phase, Mezo has accumulated over $400 million in deposits and processed millions of transactions, with security audits by Quantstamp and Thesis Defense. The ecosystem integrates with partners like BitRefill, Fold, Velar, Zerolend, and BitFi, providing use cases such as cashback, gaming, lending, and perpetual futures trading, and it offers developers EVM compatibility alongside native Bitcoin connectivity. Mezo’s launch marks a significant milestone in Bitcoin DeFi by enabling users to leverage Bitcoin for liquidity and payments while maintaining full ownership, thus expanding Bitcoin’s utility beyond a store of value. The initiative is backed by notable investors and aims to build a circular Bitcoin economy, empowering holders to access credit lines and daily financial services without relinquishing their Bitcoin assets.