Mezo and Anchorage Digital Collaboration
Mezo, a decentralized finance platform specifically designed for Bitcoin, has teamed up with Anchorage Digital to offer affordable stablecoin lending and short-term rewards to institutional clients utilizing Bitcoin. This collaboration enables public companies and digital asset treasuries to securely engage in Bitcoin-based financial services.
Key Features of the Partnership
According to the announcement made on Wednesday, institutions can now leverage Anchorage’s Porto wallet to borrow against their Bitcoin assets at a remarkably low fixed interest rate of 1%, facilitated through Mezo’s Bitcoin-pegged stablecoin, known as MUSD. Additionally, users of this service will have access to short-term yield-generating opportunities, allowing them to lock Bitcoin for durations ranging from six to 30 days in exchange for veBTC. This tokenizes their holdings in a manner that allows them to benefit from on-chain network fees and offers increased incentives for longer-term engagements.
Moreover, those who participate will gain governance rights regarding Mezo’s fee structures and overall economics.
Vision and Background
Matt Luongo, who serves as the CEO of Thesis and co-founded Mezo, pointed out, “Mezo brings forth Hal Finney’s vision of a banking model rooted in Bitcoin, with a proprietary digital currency that reflects the essence of traditional banking prior to its nationalization.”
Launched by Thesis in 2014, Mezo allows users to borrow, save, and earn returns through on-chain mechanisms facilitated by MUSD, effectively creating a Bitcoin-native financial ecosystem.
Market Growth and Trends
Currently, the Bitcoin-backed borrowing sector is experiencing significant growth, with various new platforms and offerings emerging. Projections from a report by Osler, Hoskin & Harcourt foretell that this market could escalate to a staggering $45 billion by 2030. Recently, Tether disclosed its acquisition of an undisclosed stake in Ledn, a platform offering crypto-backed consumer loans. Notably, Ledn reported originating $392 million in Bitcoin-backed loans in the third quarter of 2025.
In recent months, Cantor Fitzgerald ventured into crypto credit markets by partnering with Maple Finance and FalconX, marking its first transaction involving Bitcoin-backed loans. Meanwhile, Australian company Block Earner introduced Bitcoin-backed home loans, allowing buyers to access up to half the value of a property using their Bitcoin, amid soaring housing prices in the region.
