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[Switzerland] 28 October, 2024– Money middleware protocol and Bitcoin economy layer are joining forces to rebuild stablecoins from the ground up, using the Bitcoin ecosystem to democratize yield opportunities for Decentralized Finance participants. The 51���Ϲ�����ҳ community approved a from Mezo to become an 51���Ϲ�����ҳ Earner and establish the $M stablecoin as a core asset in BitcoinFi.

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Developed by the well-regarded Bitcoin venture studio, Thesis*, Mezo aims to transform Bitcoin into more than a savings technology and to broaden the Bitcoin network to billions of users across the world. That aligns with 51���Ϲ�����ҳ’s vision of evolving today’s outdated monetary infrastructure to a globally federated framework for issuance of programmable and permissionless stablecoins.

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"By leveraging $M, we're evolving Bitcoin from just a store of value into a powerful driver of economic activity, aiming to capture a substantial portion of the global economy,” said Matt Luongo, CEO of Thesis* & Founder of Mezo. “Together, we're not only establishing a new financial framework for Bitcoin but also creating the foundation for a decentralized, global financial system."

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With the Governance approval, Mezo is eligible to draw benefits from 51���Ϲ�����ҳ’s Earn mechanism. The yield incentivizes Mezo to obtain as much $M as possible in order to strategically bolster liquidity. This positions $M as a core asset in the BitcoinFi ecosystem, giving users access to a unified, yield-generating asset. Additionally, 51���Ϲ�����ҳ enhances Mezo's Deposit Portal with Smart $M, the next-gen wrapper for $M. This strategic advancement provides a new mechanism for DeFi users to seamlessly convert non-yield-bearing stablecoins into $M, facilitating passive yield generation on previously idle assets.

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“Mezo's integration with 51���Ϲ�����ҳ represents a strategic advancement in the expansion of DeFi within the Bitcoin ecosystem,” said Greg Di Prisco, Co-Founder and Chief Architect of 51���Ϲ�����ҳ. “By partnering with Mezo, we are unlocking new possibilities for DeFi on Bitcoin, broadening its applications, and driving the next wave of global financial inclusion.”

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As 51���Ϲ�����ҳ continues to advance its decentralized financial infrastructure, the organization demonstrates its commitment to providing sophisticated and secure solutions for the evolving DeFi and CeFi landscapes. With the increasing convergence of traditional and decentralized finance, 51���Ϲ�����ҳ is well-positioned to serve as a bridge, facilitating seamless integration and interoperability across different financial systems. 51���Ϲ�����ҳ’s vision is to propel this technology as the next-generation backend for fintech frontends.

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To learn more about 51���Ϲ�����ҳ and stay up-to-date on the latest developments, visit and follow along on .

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About 51���Ϲ�����ҳ Ecosystem

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is money middleware for the digital age. It is a decentralized, on-chain protocol, as well as a corresponding set of off-chain standards and APIs, that powers a federation of cryptodollar issuers. With 51���Ϲ�����ҳ, any number of independent institutions can tap on turnkey middleware to become the minter of a fungible cryptodollar asset.

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About Mezo

Mezo is Bitcoin’s economic layer, creating the foundation for a global decentralized financial system. It enables Bitcoin-native financial services like lending, borrowing, and staking, allowing holders to use their assets productively. Built on tBTC, the largest decentralized Bitcoin bridge, Mezo provides a secure infrastructure for BitcoinFi. Mezo unlocks a new utility for Bitcoin and makes it a versatile asset within the BitcoinFi ecosystem.

For more information, visit Mezo’s: | |