Citrea Launches ctUSD: Native Stablecoin for Bitcoin's Liquidity Layer

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Source: CryptoBriefing Original Title: Citrea rolls out ctUSD stablecoin as native liquidity layer for Bitcoin ecosystem Original Link:

Overview

Citrea, a Bitcoin application layer, has launched ctUSD, a 1:1 dollar-backed stablecoin fully backed by T-bills and cash. Issued by MoonPay and powered by M0, ctUSD serves as Bitcoin's native, compliant liquidity layer.

The launch addresses Bitcoin's lack of unified, secure, and compliant stablecoin rails. Rather than relying on third-party bridges or fragmented tokens, ctUSD is issued natively on Citrea.

Key Features

Liquidity Formation

"Liquidity on Citrea is forming now," said Orkun Kilic, CEO of Chainway Labs, the company behind Citrea. "With a native, compliant standard immediately, the ecosystem won't fragment into dozens of incompatible, risky bridged tokens, creating systemic risk before the ecosystem even matures."

Compliance & Distribution

MoonPay will handle issuance and redemption using its US Money Transmitter Licenses. The stablecoin will be available to users in over 160 countries through Visa, Mastercard, Apple Pay, and PayPal. Canada, the EEA, and New York are excluded.

Developer Tools & Integrations

Citrea rolled out developer tools including virtual bank accounts supported by Iron for fiat-to-ctUSD conversion via ACH and wire transfers. Integrations with Swaps.xyz and Helio enable non-custodial cross-chain swaps and merchant payment support.

Access Routes

Initial access routes include Ethereum-based stablecoin swaps, Citrea-native DEX pools, MoonPay onramps, and direct minting for large orders.

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