Bitcoin doesn’t have to be just a store of value, Mezo wants to showcase how in 2025
Mezo Network Overview - March 4, 2025
Welcome to the first monthly Mezo Network Overview.
Mezo is a platform that aims to empower its users by letting them put their bitcoin to work without having to sell it. Its dApps are EVM-compatible and are focused on enhancing Bitcoin’s capabilities through its permissionless and intuitive system that lets bitcoin holders retain their holdings and use it to access their equity to be used in numerous ways like: borrowing, yield-generation opportunities, staking and more.
Its recently launched stablecoin, mUSD, is 100% backed by bitcoin reserves to maintain a 1:1 peg with the US dollar. mUSD is accessible via the Mezo Borrow feature, which lets users deposit their Bitcoin as collateral to access liquidity while keeping their positions intact.
Every month, we’re diving into the Mezo ecosystem developments to help you get up to speed on the network’s latest updates, metrics, ecosystem developments and more. All in one place.
New here? Subscribe to get updates straight to your inbox.
Mezo Metrics
Token holders: 22.4K
Total value locked (TVL): $180.95M
Bitcoin deposited: 2,140
The metrics are accurate at the time of publication.
Inside the network
Digging into the biggest announcements, updates and more within Mezo.
Taking full advantage of bitcoin’s capabilities can be hard for many, but it doesn’t have to be.
Mezo Network shared its roadmap for 2025 focused on growing the Bitcoin DeFi (BTCfi) and allowing users to put their bitcoin to work. The network aims to provide a place for users to borrow against their bitcoin in an easy and transparent manner.
Mezo looks to address Bitcoin’s historical limitations such as lack of scalability, utility and financial infrastructure, while preserving its origin of security and decentralization.
The team’s roadmap hopes to accomplish this through four avenues: create a bitcoin-backed stablecoin, mUSD, designed to provide stable liquidity for holders without requiring them to sell their assets; offer a secure platform that consolidates familiar DeFi tools like lending and staking in a user-friendly way; reward long-term believers and stakers; and increase bitcoin’s productivity by letting holders use it as collateral while minimizing risk.
Through these initiatives, if done correctly, this could redefine bitcoin’s narrative from digital gold to an asset that can be used for investment purposes or as a gateway into blockchain technology. By turning bitcoin from just a store of value into a productive asset, this opens the door for greater accessibility for onchain purposes.
Bitcoin is the most widely known digital asset with a market cap of $1.6 trillion according to CoinMarketCap. For context, the next largest coin, widely known for its DeFi purposes, Ethereum, is 6x away in terms of market cap. So, if Mezo can tap into bitcoin and unlock even 1% of its liquidity, in a similar fashion to Ethereum, this can pave the way for a more onchain future.
But in order to perform bitcoin-related onchain transactions, there needs to be more DeFi protocols. Mezo hopes to accomplish this and make “2025 the year bitcoin becomes productive,” the team said in the blog post.
Mezo community in motion
ICYMI: Mezo COO Carolyn Reckhow spoke with the CEO of AcreFi at WalletCon (timestamp: 5:45:00) about why Bitcoin needs smart contracts
Thesis’ VP of Product Engin Erdogan was on Kiln’s BTC Staking Rendez-Vous podcast to talk about how bitcoin can be more than just a store of value
Listen to the DeFi Decoded podcast and hear Mezo’s VP of BD Brian Mahoney share his thoughts about bitcoin’s onchain transformation
Mezo hosted an X space about Bitcoin L2s
If you missed it, read a recap post from X user Meison
Get active in the network
Want to dive deeper into the Mezo ecosystem?
Join the Mezo Discord to be notified about social quests and how to earn mats from them
If you’re new to the Mezo community, check out its community resources page
Earn mats rewards by minting mUSD
To get this newsletter delivered to your inbox, subscribe here.
This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.