Bitcoin L2 Network Mezo Launches Liquid-Staked Token stBTC

Bitcoin L2 Network Mezo Launches Liquid-Staked Token stBTC

Mezo, a Bitcoin Layer-2 network designed to bolster decentralized finance (DeFi) capabilities on the Bitcoin blockchain, has announced the launch of its liquid-staked Bitcoin token, stBTC. This new token aims to bring Bitcoin yield opportunities to Mezo's ecosystem, a project backed by Pantera Capital, as disclosed on August 28. stBTC is pegged 1:1 with tBTC, a Bitcoin bridge token facilitated by The Threshold Network. This enables users to m...

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