Buy Gift Cards with Stablecoins: Redeemable on Bitrefill

Save Your Bitcoin, Spend Your Dirty Fiat

There’s been a shift in Bitcoin’s purpose over the past decade.

The success of Bitcoin, at least part of it, can be directly attributed to its use as a form of payment (medium of exchange). The Bitcoin Pizza guy, Silk Road, and every single transaction where someone paid for goods or services denominated in BTC, grew the Bitcoin economy.

Today, however, Bitcoin’s future does not rely on its velocity.

Crypto payments are, and will continue to be, dominated by stablecoin volume. Stablecoins are digital forms of fiat currencies, most frequently transacted on chains like Ethereum and Tron, and directly backed by currency reserves. It is hard to determine data with complete accuracy, however, it is a realistic estimate to say that stablecoins are doing multiple trillions in annual trading volume, with Visa estimating the figure to be $9.04 trillion. In comparison, Visa and Mastercard do $16 and $9 trillion in annual volume, respectively.

The reason is simple: settlement is instantaneous, available 24/7 worldwide, and significantly cheaper. So, as integrations for stablecoins continue to improve, it will make less and less sense to pay with a scarce and valuable asset like Bitcoin.

With a tool like Mezo, you can keep your Bitcoin while getting the benefits and spending flexibility of stablecoins.

Borrow against your Bitcoin and receive a line of credit in Mezo’s stablecoin, MUSD, so you can spend dollars and keep your BTC.

Key details of a Mezo loan:

• Fixed interest rate (currently 1% annual)
• No set term, keep your loan as long as you need, and close whenever you want
• Minimum borrow amount of $2k MUSD
• No credit checks, no documents. Everything is onchain and instantaneous.

Learn more about Mezo’s loans and get started today:

Buy Gift Cards With MUSD Via Bitrefill

Today, we’re excited to share how you can buy gift cards with your MUSD stablecoin via Bitrefill. Make everyday purchases through Bitrefill’s platform, such as Airbnb, Amazon, DoorDash, Visa prepaid cards, and much more.

It takes less than 5 minutes to get started, and with this feature, you can live off your Bitcoin without ever selling it.

And it is all done on Mezo, today.

Why Use Stablecoins to Buy Gift Cards?

Stablecoins like MUSD offer all the advantages of crypto rails—instant settlement, global reach, and self-custody—without the volatility. When you're buying groceries, paying bills, or covering everyday needs, price stability matters.

You don’t want your purchasing power swinging wildly over a week, especially for big purchases like a house, a car, or school tuition.

With MUSD, you can spend like you would with fiat, but without the baggage of the traditional financial system.

• Stability without volatility: Your purchasing power stays consistent
• Instant transactions, borderless payments: Transfer money and complete purchases globally in seconds, 24/7.
• Bitcoin-backed confidence: MUSD is fully backed by Bitcoin held in decentralized custody via the Threshold Network. No opaque treasuries or questionable reserves.
• No bank fees, no gatekeepers: Skip the friction of wire transfers, exchange fees, and bank approvals.

MUSD: The Bitcoin-Backed Stablecoin for Everyday Spending

MUSD is Mezo’s native stablecoin. Unlike traditional fiat-backed stablecoins like USDC or USDT, MUSD is backed by Bitcoin. Every MUSD in circulation is issued against real BTC that is locked in a secure vault on Mezo.

It’s stable like a dollar, but secured by the hardest money in the world. Key features of MUSD:

• 1:1 peg with USD: Designed to trade equal to the U.S dollar
• Redeemable for Bitcoin: Every MUSD is collateralized by BTC. If you want your Bitcoin back, repay your loan, and it's returned to your wallet.
• Built for everyday utility: MUSD turns your long-term Bitcoin holdings into usable, spendable assets without forcing you to sell.

Whether shopping online, paying a friend, or loading up a gift card, MUSD brings utility to Bitcoin without compromise.

How to Buy Gift Cards Using MUSD on Bitrefill

Bitrefill makes it easy to live on crypto, and with Mezo, your stablecoin bridges your Bitcoin and real-world spending.

Here’s how to buy gift cards using your Bitcoin-backed stablecoin:

• Create your Mezo account
  Head to mezo.org and click "sign in" in the top right to get started

• Borrow MUSD
  Use your Bitcoin as collateral on Mezo to borrow MUSD.

• Buy a Bitrefill Gift Card
  Head to the Mezo Market and purchase a Bitrefill gift card balnce using your MUSD.
• Create a Bitrefill Account
  You'll be prompted to sign up or log in to Bitrefill during the process.
• Redeem Your Balance
  After purchase, redeem your Bitrefill balance to fund your Bitrefill account.
• Pick Your Gift Card
  Browse Bitrefill and choose your gift card (e.g., Doordash, Amazon, Airbnb, etc.).
• Select “USD” as Payment Method
  Your Bitrefill balance (purchased via Mezo) will appear as a payment option.

Done. You just bought a gift card using Bitcoin—without ever selling it.

Benefits of Buying Gift Cards With Bitcoin-Backed Stablecoins

Buying gift cards using MUSD aligns your spending habits with your beliefs about Bitcoin and fiat currencies.

• Hold Bitcoin, spend dollars: Keep your long-term Bitcoin exposure while still accessing liquidity.
• Censorship-resistant finance: No banks, no approvals, no delays. Just permissionless access to money you already own.
• Fully transparent and auditable: Mezo’s reserves are verifiable onchain, not hidden behind closed doors.
• Spend anytime, anywhere: With Mezo and Bitrefill, you can access the real-world economy. All you need is an internet connection and some Bitcoin.

Mezo Powers a Growing Bitcoin Economy

Unlock more with your Bitcoin on Mezo.

Mezo is a Bitcoin-native sidechain where BTC is used as the primary collateral asset, gas is paid in BTC, and validators stake BTC to secure the chain.

It's a platform to spend, borrow, and earn with your Bitcoin, without ever having to sell it.

• Built on Bitcoin: Mezo uses tBTC, a decentralized version of Bitcoin on Ethereum, with a track record of secure, trust-minimized custody.
• Community-first design: Mezo empowers users to participate directly. No corporate black box. Just fair access to Bitcoin finance.

If you believe in a future where Bitcoin doesn’t just sit in cold storage, Mezo is for you.

Start Borrowing with Mezo's Low Bitcoin Loan Rates

Mezo is for anyone who believes money should serve people. Your Bitcoin can finally work without selling it. Borrow MUSD at 1% fixed rates, spend it, and keep your Bitcoin exposure. Available now.

Mezo makes Bitcoin work like money. Now, let Mezo work for you.

🏦 Start borrowing • 📚 Read the docs • 💬 Join Discord • 🛡 View audits

Let's build the circular Bitcoin economy. Follow @MezoNetwork

FAQs

Is MUSD safe to use for purchases?

MUSD is designed to maintain a 1:1 value with the U.S dollar. Every single MUSD in circulation is backed by $1 in BTC, and the price is maintained through a stability mechanism via contracts and automated code.

Users wishing to spend their MUSD can do so with partners, like Ledger and Bitrefill. Soon, more MUSD integrations will be available, including swapping MUSD to USDT, sending MUSD directly to your exchange, and spending MUSD like you do dollars in your bank account.

How do I redeem MUSD for Bitcoin?

If you have an active loan, you can repay your MUSD debt to the Mezo contract and receive your underlying Bitcoin collateral.

What fees are associated with MUSD transactions?

You’ll have to pay the associated interest and fees to fully close your position. There are four main types of fees for the system:

• Issuance Fee: 0.5% of borrowed MUSD (paid in MUSD).
• Redemption Fee: 0.5% when exchanging MUSD for BTC (paid in BTC).
• Refinance Fee (only paid for a refinance action): 0.1% of the total refinanced MUSD amount (paid in MUSD). This fee is incurred when a MUSD loan holder extends their line of credit or reduces the amount of collateral backing their loan.
• Gas Deposit: A $200 deposit ensures liquidations are viable. It is returned when the loan is closed.

Note: Large borrow or redemption transactions may temporarily increase fees before returning to base levels.

Can I use MUSD for international purchases?

You can use your MUSD to purchase Bitrefill gift cards, some of which are payable internationally. Soon, you can swap your MUSD into USDT or offramp to your preferred exchange, allowing you to pay for anything, anywhere, with your MUSD.