Bitcoin-Backed Stablecoin MUSD Launches on Mezo Mainnet, Revolutionizing Bankless Finance

Mezo has officially launched its Mainnet, introducing MUSD, a Bitcoin-backed stablecoin designed to disrupt decentralized finance. The platform enables users to leverage their Bitcoin holdings without selling, offering ultra-low fixed-rate loans starting at 1%—a stark contrast to traditional market rates exceeding 5%. By minting MUSD, borrowers gain spending power across decentralized applications while retaining full ownership of their Bitcoin. This innovative approach not only enhances liquidity in the crypto ecosystem but also provides a more efficient way for Bitcoin holders to access capital without relinquishing their assets. The launch of Mezo Mainnet and MUSD marks a significant milestone in the evolution of bankless finance, offering a compelling alternative to traditional financial systems. With its low-interest rates and seamless integration with decentralized applications, MUSD is poised to become a game-changer in the DeFi space, further solidifying Bitcoin's role as a cornerstone of the digital economy.

Mezo Mainnet Launches Bitcoin-Backed Stablecoin MUSD for Bankless Finance

Mezo has officially launched its Mainnet, introducing MUSD, a Bitcoin-backed stablecoin designed to disrupt decentralized finance. The platform enables users to leverage their bitcoin holdings without selling, offering ultra-low fixed-rate loans starting at 1%—a stark contrast to traditional market rates exceeding 5%. By minting MUSD, borrowers gain spending power across decentralized applications while retaining full ownership of their BTC collateral.

The Tigris engine automates rewards and revenue distribution, creating a self-sustaining ecosystem. Strategic partnerships with Lolli and Ledger integrate cashback incentives and gaming applications into Bitcoin's DeFi landscape. Mezo's Testnet previously processed $1.8 billion in loans, signaling strong demand for non-custodial Bitcoin utility solutions.

This launch marks a pivotal step toward building a full-stack Bitcoin economy, eliminating intermediaries for both retail and institutional participants. The platform's bankless architecture aligns with growing demand for permissionless financial infrastructure amid increasing institutional cryptocurrency adoption.

Trump Administration Vows to Dismiss Anti-Crypto Regulators, Names Gary Gensler

US Vice President JD Vance declared a sweeping overhaul of cryptocurrency regulation under a potential second TRUMP term, pledging to remove officials opposed to digital assets. "We fired Gary Gensler, and we’re going to fire everyone like him," Vance announced at the Bitcoin 2025 Conference in Las Vegas. The remarks drew cheers from an audience of Bitcoin enthusiasts, whom Vance humorously noted shared the Secret Service’s appreciation for firearms.

Vance positioned cryptocurrency as a grassroots innovation benefiting tens of millions of Americans, with Bitcoin ownership potentially doubling to 100 million. He framed digital assets as a hedge against flawed monetary policy, regardless of which political party controls Washington. "Operation Choke Point 2.0 is dead, and it’s not coming back under the Trump administration," Vance asserted, referencing perceived regulatory crackdowns on the industry.

The Vice President credited Coinbase and other crypto advocates for their political support, signaling a dramatic policy shift should Trump regain the presidency. "Crypto finally has a champion and an ally in the White House," he proclaimed, casting the administration as a bulwark against restrictive oversight.

JD Vance Urges Swift Crypto Regulation at Bitcoin 2025 Conference

Senator JD Vance delivered a urgent call to action at the Bitcoin 2025 conference, emphasizing the need for immediate regulatory clarity in the $3 trillion cryptocurrency market. His remarks underscored the Trump administration's commitment to pro-crypto policies while warning of the risks of regulatory stagnation.

Vance revealed his personal Bitcoin holdings as a signal of confidence in the asset class, even as political headwinds slow legislative progress. The launch of Trump-branded memecoins has complicated Senate negotiations, creating partisan divides that threaten to derail market structure bills.

Regulatory uncertainty is pushing innovation overseas, Vance argued, with the U.S. risking its position as a leader in digital asset development. The administration plans countermeasures against what it views as regulatory overreach by federal agencies.

NYC Mayor Eric Adams Advocates for BitLicense Removal and Proposes Bitcoin-Backed Municipal Bonds

New York City Mayor Eric Adams made a bold appeal at Bitcoin 2025 in Las Vegas, urging crypto businesses to return to the U.S. and establish operations in New York. "New York is the Empire State. We don't break empires. We build empires," Adams declared, reinforcing his pro-crypto stance. His call to abolish the BitLicense—a stringent regulatory framework by the New York Department of Financial Services (NYDFS)—aims to foster a more welcoming environment for Bitcoin and other digital assets.

Adams, self-dubbed "the bitcoin mayor," criticized the BitLicense as overly restrictive, though he acknowledged the need for balanced regulation. "We can over-regulate," he admitted during a recent press conference, highlighting the tension between investor protection and innovation.

In a notable proposal, Adams introduced the concept of a "BitBond," a municipal bond backed by Bitcoin. Such an instrument could mark a significant step in institutional crypto adoption, blending traditional finance with digital asset innovation. The MOVE aligns with his broader vision to position New York as a global crypto hub.

U.S. Eases Crypto Investment Limits for 401(k) Retirement Plans

The U.S. Department of Labor has reversed its 2022 stance on cryptocurrencies in retirement accounts, adopting a neutral position that opens the door for digital assets like Bitcoin in 401(k) plans. The May 28 decision scraps previous warnings about fraud and volatility, shifting responsibility to plan fiduciaries.

With $8.9 trillion in 401(k) assets at stake, the move could reshape retirement investing by allowing exposure to crypto alongside private equity and credit. Advocates hail it as a democratization of alternative investments, while skeptics cite crypto's notorious price swings.

The policy shift reflects Bitcoin's growing institutional acceptance, though it stops short of endorsing specific assets. Retirement plan administrators now face complex decisions about risk management in volatile markets.

Arkham Intelligence Exposes MicroStrategy's Bitcoin Wallets, Contradicting Saylor's Stance on Transparency

Arkham Intelligence has publicly identified Bitcoin wallet addresses tied to MicroStrategy, directly contradicting CEO Michael Saylor's longstanding refusal to disclose such information. The blockchain analytics firm revealed wallets holding 70,816 BTC ($5.4 billion), representing 87.5% of MicroStrategy's total Bitcoin holdings including custodial assets at Fidelity Digital.

The disclosure follows Saylor's repeated arguments against proof-of-reserves transparency, which he compared to "publishing your kids' personal details online" during Bitcoin 2025 Conference sideline events. Arkham's findings mark the first comprehensive breakdown of MicroStrategy's BTC reserves, previously only partially visible through Fidelity's omnibus custody accounts.

This development occurs as institutional Bitcoin holdings face increasing scrutiny. The exposure of wallet addresses challenges prevailing security assumptions in corporate crypto custody, potentially setting new transparency expectations for public companies holding digital assets.