


Mezo is a Bitcoin-based Layer 2 network and financial application that enables users to borrow, earn yield, and spend using the MUSD stablecoin, which is 100% backed by Bitcoin reserves. It supports BTC-backed lending, offers vaults provided by Upshift Finance with at least 4% BTC APY (limited availability), and enables everyday financial use without selling BTC. Mezo aims to deliver efficient BTC liquidity, growth, and portfolio management through decentralized, secure, intuitive, and bank-free finance.
Nakamoto cut its loan from 210 million USDT to 165 million USDT, but most of its remaining Bitcoin is still pledged as collateral.
Greenlane held 81.3 million BERA-equivalent units worth $16.4 million at June 30; a stayed Nasdaq rule could impose a $5 million MVLS test.