| Mobile Web

Bitcoin layer2 Citrea launches mainnet, also releases stablecoin

Zero-knowledge-based Bitcoin layer2 Citrea launched its mainnet on Jan. 28, it said. The launch allows users to access services using various on-chain assets on the Bitcoin network. Citrea said it will focus on implementing core technologies including Bitcoin-based collateral use and structured asset services. It also released the ctUSD stablecoin to support swaps in its ecosystem, backed 100 percent by short-term U.S. Treasuries and cash and issued with MoonPay.