tBTC Powers Mezo’s $151M TVL Platform, Unlocking Bitcoin’s Full Potential
tBTC and Mezo: A New Era for Bitcoin DeFi
Mezo has launched its mainnet with a total value locked (TVL) of $151 million, integrating tBTC as both gas and collateral, marking a significant milestone in the $10 billion Bitcoin finance market. This integration allows Bitcoin holders to access financial services while maintaining decentralization, unlike custodial solutions.
Seamless Bitcoin Utility
Mezo offers a "buy now, pay never" experience, enabling users to access liquidity and staking without selling Bitcoin. tBTC's trust-minimized design ensures users retain control over their BTC, unlocking its full potential securely and transparently.
Dual-Layer Integration
- Layer 1: Bitcoin serves as native gas, eliminating the need for other tokens, enhancing Bitcoin's ecosystem role.
- Layer 2: BTC and tBTC are the sole collateral for MUSD, Mezo's stablecoin, validating decentralized infrastructure for critical financial systems.
Strategic Alignment and Metrics
Quotes from Maclane Wilkison and Brian Mahoney emphasize the philosophical alignment between tBTC and Mezo, highlighting Bitcoin's evolution without compromise. Mezo's testnet attracted $400 million in deposits and 2 million transactions, showcasing its potential for Bitcoin-backed loans and trading.
Developer Access and Availability
Developers can access integration details on Threshold and Mezo's documentation. Mezo is live at app.mezo.org, with tBTC bridging via the Threshold Dashboard.
About Threshold and Mezo
- Threshold Network powers tBTC, a leading decentralized Bitcoin solution, securing $400M+ TVL across multiple chains.
- Mezo offers a bank-free platform for Bitcoin utility, enabling financial flexibility through MUSD, the first Bitcoin-backed stablecoin.
This integration underscores Bitcoin's growing role in DeFi, offering a robust, decentralized infrastructure for the financial ecosystem.
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