Citrea launches mainnet and ctUSD to bring DeFi primitives onto Bitcoin
Citrea, a Bitcoin-focused layer‑2 developed by Chainway Labs and backed by Founders Fund and Galaxy, has launched its mainnet and introduced a USD-pegged stablecoin, ctUSD, to enable BTC-native lending and structured finance. The network combines an EVM-compatible zk-rollup model with on‑chain settlement to anchor transaction data to Bitcoin and has assembled partners for lending, product development, and stablecoin issuance.