Timothy Morano
Aug 04, 2025 13:16
Wormhole publicizes integration with Mezo, enabling multichain performance for Bitcoin-backed MUSD by way of Ethereum, enhancing Bitcoin’s utility and eliminating liquidity fragmentation.
Wormhole, a number one interoperability platform, has introduced its integration with Mezo, a Bitcoin-centric Layer 2 resolution, enhancing the multichain utility of the Bitcoin-backed stablecoin MUSD. This integration marks a major development in Bitcoin’s cross-chain capabilities, leveraging Wormhole’s Native Token Transfers (NTT) to facilitate the seamless motion of MUSD throughout the Ethereum community, in accordance with Wormhole.
Understanding Mezo and MUSD
Mezo is designed to allow Bitcoin holders to leverage their belongings with out promoting them, providing monetary merchandise corresponding to Bitcoin-backed mortgages and credit score strains. The platform’s flagship product, MUSD, is a USD-pegged stablecoin backed fully by Bitcoin reserves, permitting customers to entry greenback liquidity whereas sustaining their Bitcoin holdings.
Performance and Benefits of Mezo
Mezo operates on the foundations of tBTC, offering safe and verifiable Bitcoin tokenization throughout Ethereum Digital Machine (EVM) chains. The platform makes use of BTC as its native gasoline token, selling Bitcoin as a cultural fee forex. Mezo’s twin staking technique combines rewards and validation to encourage community participation and safety.
Key advantages for customers embody native DeFi tooling for Bitcoiners, collateralized borrowing by the platform’s CDP mechanism, versatile loan-to-value choices as much as 90%, and clear operations with 24/7 verifiable reserves.
MUSD’s Multichain Enlargement
The combination with Wormhole’s NTT permits MUSD to broaden natively to the Ethereum mainnet, decreasing liquidity fragmentation. This transfer positions MUSD alongside tasks like Sky, Lido, and M0 in adopting an open and composable commonplace. The safe burn-and-mint mechanism ensures Mezo retains management over MUSD’s conduct throughout completely different blockchains, facilitating its progress inside Ethereum’s intensive DeFi ecosystem.
Transferring Property and Developer Integration
Customers can seamlessly switch belongings between Mezo and any of Wormhole’s 40+ related blockchains utilizing Portal. Builders inquisitive about integrating token transfers can use Wormhole Join, a device enabling wrapped and native token transfers throughout the community’s related blockchains, secured by Wormhole Guardians.
About Wormhole and Mezo
Wormhole is famend for its multichain utility help, offering builders and customers entry to liquidity throughout over 40 blockchain networks. The platform has facilitated over $60 billion in transfers by greater than 1 billion cross-chain messages.
Mezo provides a bank-free platform for managing Bitcoin, unlocking its utility by MUSD. As a pioneering full-stack Bitcoin economic system, Mezo empowers customers with monetary flexibility with no need conventional banking programs.
Picture supply: Shutterstock
