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Mezo Sets Deadlines for Cross-Chain Token Withdrawals

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Bitcoin financial application Mezo has established firm deadlines for users to execute cross-chain withdrawals of select digital assets. The platform set October 13 as the final cutoff to withdraw swBTC and USDe. Meanwhile, cross-chain withdrawals for SolvBTC and xSolvBTC will remain accessible through October 29. Deposits for all four tokens have already been halted across the protocol.

Mezo was created by Thesis, a development group active in the Bitcoin ecosystem for more than a decade that previously developed projects including tBTC, Fold, and Taho. The platform operates as a specialized financial layer for Bitcoin, providing collateralized lending services, yield vaults managed alongside Upshift Finance, and MUSD, a native stablecoin fully backed by Bitcoin reserves.

Users holding swBTC and USDe must finalize their withdrawals immediately to avoid potential access issues following the October 13 deadline. Holders of SolvBTC and xSolvBTC should plan their transactions ahead of the October 29 window as the platform transitions away from deposit activity.

Key points

  • Mezo set an October 13 deadline for cross-chain withdrawals of swBTC and USDe.
  • Withdrawals for SolvBTC and xSolvBTC remain available until October 29.
  • Deposits for all four assets—swBTC, USDe, SolvBTC, and xSolvBTC—have been suspended.
  • Mezo offers Bitcoin-collateralized lending, Upshift Finance yield vaults, and MUSD stablecoins.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

What is the deadline to withdraw swBTC and USDe from Mezo?

The cross-chain withdrawal deadline for swBTC and USDe on Mezo is October 13.

How long are SolvBTC and xSolvBTC withdrawals open on Mezo?

Cross-chain withdrawals for SolvBTC and xSolvBTC will remain open until October 29.

Can users still deposit tokens into Mezo?

No, deposits for swBTC, USDe, SolvBTC, and xSolvBTC have already been suspended.