coin-img-ETHETH-7.87%coin-img-HYPEHYPE-0.41%coin-img-XAUTXAUT+1.11%coin-img-ASTERASTER-8.37%coin-img-BIRBBIRB-39.84%coin-img-BTCBTC-6.58%coin-img-SOLSOL-7.81%coin-img-XRPXRP-6.44%coin-img-ETHETH-7.87%coin-img-HYPEHYPE-0.41%coin-img-XAUTXAUT+1.11%coin-img-ASTERASTER-8.37%coin-img-BIRBBIRB-39.84%coin-img-BTCBTC-6.58%coin-img-SOLSOL-7.81%coin-img-XRPXRP-6.44%coin-img-ETHETH-7.87%coin-img-HYPEHYPE-0.41%coin-img-XAUTXAUT+1.11%coin-img-ASTERASTER-8.37%coin-img-BIRBBIRB-39.84%coin-img-BTCBTC-6.58%coin-img-SOLSOL-7.81%coin-img-XRPXRP-6.44%coin-img-ETHETH-7.87%coin-img-HYPEHYPE-0.41%coin-img-XAUTXAUT+1.11%coin-img-ASTERASTER-8.37%coin-img-BIRBBIRB-39.84%coin-img-BTCBTC-6.58%coin-img-SOLSOL-7.81%coin-img-XRPXRP-6.44%

Citrea Bitcoin ZK-Rollup Mainnet Launches with ctUSD, BTC-Collateral DeFi

Citrea, a Bitcoin ZK-rollup backed by Founders Fund and Galaxy Ventures, launched its mainnet on Jan. 29 with active DeFi liquidity potentially reaching $50 million at launch, BlockBeats reports. The platform introduces BTC-collateralized lending, structured products and a native USD stablecoin, ctUSD, issued by MoonPay and 1:1 backed by cash and short-term U.S. Treasuries. ctUSD is natively minted on Citrea rather than bridged to reduce bridge risk and avoid liquidity fragmentation. During testing, Citrea data-availability usage once accounted for nearly 10% of Bitcoin monthly bandwidth.
BTC
BTC-6.61%
TUSD
TUSD-0.01%
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