October 13th 2026, 4:56 PM
Mezo Closes Bitcoin Bridges Amid Low Usage, Issuers Unfazed
Key Summary
Mezo, a Bitcoin-focused protocol, has given holders of swBTC and USDe until October 13 to bridge their assets out, citing low usage and high maintenance costs. The move is unlikely to impact token issuers, but users holding the tokens risk losing access if they fail to withdraw by the deadline.
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Background
Mezo has given holders of swBTC and USDe a firm deadline to bridge their assets out.What Mezo is shutting down
Mezo has suspended bridge-in support for swBTC and USDe, and will permanently close the native BTC bridge-in on October 13.Why these tokens got the axe
Mezo cited low usage as the reason for the shutdown, with bridged volume on Mezo totaling under $4,000.Impact on users and issuers
Users holding the tokens risk losing access if they fail to withdraw by the deadline, while token issuers are unlikely to be significantly impacted.#Bitcoin#USDe#swBTC#Mezo#Crypto