SD (ctUSD), a native USD stablecoin designed to support Bitcoin-denominated financial activity. Issued by MoonPay and powered by M0, ctUSD is fully backed by short-term US Treasury bills and cash, and is designed to align with the forthcoming GENIUS Act guidelines.
“Over $1 trillion in Bitcoin is held primarily as a passive store of value today”, said Orkun Mahir Kılıç, Co-founder and CEO of Chainway Labs, the company building Citrea. “ctUSD is designed to change that by giving Bitcoin markets a unified and regulated USD settlement layer, so capital can move, trade, and settle without fragmenting liquidity or introducing risky bridged tokens.”
With ctUSD, Citrea addresses a long-standing challenge in Bitcoin markets: fragmented stablecoin liquidity. Currently, Bitcoin-based financial activity often relies on bridged or externally issued stablecoins, which can trap capital, limit efficiency, and introduce additional risk. By launching native USD liquidity, Citrea aims to provide a more unified and reliable liquidity foundation for BTC-secured lending, trading, and settlement.
ctUSD combines regulated issuance with an interoperable infrastructure, and will be available to users in the US (excluding New York) and more than 160 countries worldwide (excluding Canada and the EEA). This gives Bitcoin markets a consistent USD layer, enabling capital-efficient markets built directly around Bitcoin collateral.
For more information about Citrea and ctUSD, visit www.citrea.xyz