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Velar, a fast-growing protocol that sees itself as the lynchpin on the emerging Bitcoin-based decentralized finance economy, is teaming up with Mezo to add support for its native stablecoin mUSD on its perpetual DEX platform.
It’s an intriguing move because mUSD is the first decentralized stablecoin that’s fully collateralized by Bitcoin, paving the way for investors to use their BTC assets to generate DeFi yield without the risks tied to using centralized stablecoins.
As Mezo explains, mUSD gives DeFi users a way to maintain full control of their BTC even as they borrow against it, bringing utility to what was once idle capital.
Velar is one of the largest liquidity protocols building on Bitcoin and is most famous for its perpetuals DEX, which allows users to trade perpetual contracts in a decentralized way with full custody of their assets. Traders can use the platform to leverage long and short positions on a range of crypto assets, inclu
We współpracy z: https://cryptodaily.co.uk/2025/03/velar-perpdex-to-integrate-bitcoin-collateralized-musd-stablecoin
