New updates have been reported about Citrea.
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Citrea, a Bitcoin-focused application platform backed by Founders Fund and Galaxy Ventures, has launched its mainnet, positioning itself as an institutional gateway to Bitcoin-denominated capital markets. The launch is coupled with the rollout of ctUSD, a U.S. dollar stablecoin issued by MoonPay and powered by M0, structured to align with anticipated GENIUS Act guidelines and to serve as a compliant settlement currency for Bitcoin-native financial activity. Together, the mainnet and ctUSD create a USD liquidity and settlement layer on top of Bitcoin, enabling use cases such as BTC-backed lending, institutional credit, and trading strategies that settle directly on-chain rather than through traditional intermediaries. Citrea’s approach targets the large pool of inactive Bitcoin – more than 61% of BTC has not moved in over a year – by offering infrastructure that can turn dormant holdings into yield-generating, programmatically managed assets.
Citrea has built its lending and yield infrastructure in collaboration with leading DeFi and digital asset participants, including Morpho, UltraYield by Edge Capital, and Keyrock, aiming to deliver transparent and risk-managed BTC yield products to institutions. Executives and investors describe the platform’s strategic objective as making Bitcoin “programmable” at scale, expanding its role from a passive store of value to an active, on-chain financial asset that underpins capital markets, stablecoin liquidity, and application development. For institutions, Citrea is positioning itself as a more capital-efficient alternative to off-chain venues, offering greater control, native settlement, and tighter integration with Bitcoin’s security model. Over the long term, the company sees its model as supportive of Bitcoin network economics by tying miner incentives and network security to real economic activity on-chain. Citrea is now live and targeting global institutional and developer adoption as it seeks to expand Bitcoin’s financial utility and integrate it more deeply into the broader financial system.