Citrea Debuts Mainnet and ctUSD Stablecoin to Power Bitcoin Finance

TLDR

• Citrea launched its mainnet to enable lending trading and USD settlement directly on the Bitcoin network.
• The platform introduced ctUSD a U.S. dollar stablecoin issued by MoonPay and powered by M0.
• ctUSD is fully backed by short-term U.S. Treasury bills and cash held in reserve.
• Citrea designed ctUSD to align with the upcoming GENIUS Act compliance framework.
• The mainnet supports BTC-backed lending and BTC-denominated structured financial products.

Citrea has launched its mainnet to bring lending, trading, and USD-denominated settlement to the Bitcoin network, aiming to unlock dormant capital and expand on-chain financial activity directly on Bitcoin through native applications and services.

ctUSD Stablecoin Launches to Power Bitcoin-based Settlement

Citrea introduced ctUSD, a new U.S. dollar–denominated stablecoin, alongside the mainnet. MoonPay issues the token, and M0 powers its infrastructure.

The stablecoin is fully backed by short-term U.S. Treasury bills and cash, providing transparency and liquidity for users across the platform. Citrea confirmed ctUSD aligns with the upcoming GENIUS Act to help ensure future compliance.

MoonPay and M0 collaborated to ensure the stablecoin maintains full reserves while integrating seamlessly with Bitcoin-native applications. This enables users to engage in financial operations using dollar-denominated assets.

Citrea positioned ctUSD as a compliant and efficient layer for settlement on the Bitcoin network. The goal is to support a wide range of financial tools.

MoonPay’s involvement aims to bridge fiat and crypto more efficiently. The stablecoin is already live and available for use on Citrea’s platform.

Citrea Mainnet Launch Targets Bitcoin Lending and Trading

The new mainnet supports two primary products: BTC-backed lending and BTC-denominated structured products. These services offer new options for capital deployment.

Citrea built its lending infrastructure in collaboration with Morpho and UltraYield by Edge Capital. These partners helped create mechanisms that offer lending directly backed by Bitcoin.

Keyrock, a digital asset market maker, is working with Citrea to design BTC-denominated structured yield strategies. These products combine off-chain components with on-chain execution.

He emphasized Citrea enables Bitcoin-native capital management.

The mainnet enables users to engage in structured finance without relying on external chains. All settlement and collateralization happen directly on Bitcoin.

Citrea confirmed over 30 Bitcoin-native applications are ready to launch. These span institutional and retail finance, covering lending, trading, and settlement functions.

Bitcoin Network Sees Expanded Utility Through Citrea Integration

Citrea seeks to address the lack of native financial infrastructure on Bitcoin. Over 61% of BTC has not moved in more than a year.

This represents over $1.2 trillion in idle capital, according to on-chain data. Citrea aims to mobilize that capital through programmable finance.

She added the platform leverages Bitcoin’s security.

Galaxy Ventures partner Will Nuelle supported the project’s potential to draw institutional users. He noted that on-chain capital markets and stablecoin access may deepen network engagement.

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