The ZK technology-driven Bitcoin Layer 2 network Citrea has launched its mainnet and issued a stablecoin

According to market news, the Bitcoin Layer 2 project Citrea, supported by Founders Fund and Galaxy, has officially launched its mainnet and introduced the native stablecoin ctUSD backed by M0 infrastructure.

Citrea uses zkEVM to process transactions and writes zero-knowledge proofs onto the Bitcoin main chain, supporting financial applications such as BTC collateralized lending and structured products, with the goal of building a native Bitcoin financial market.