What is MEZO?

Mezo is an onchain Bitcoin banking platform owned by its users. It is described as enabling self-service access to Bitcoin finance without interacting with loan officers, undergoing credit checks, or being limited by operational hours.

The platform allows users to deposit Bitcoin as collateral and mint MUSD, a dollar-pegged stablecoin, for liquidity. It describes fixed-rate borrowing that begins at 1% and remains fixed for the loan’s life, with no minimum payments, no set repayment schedules, and no penalties for early repayment. The description also states positions can be closed immediately or kept open for extended periods.