
{"id":130319,"date":"2026-01-27T14:00:00","date_gmt":"2026-01-27T14:00:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=130319"},"modified":"2026-01-27T14:00:00","modified_gmt":"2026-01-27T14:00:00","slug":"citrea-launches-mainnet-bringing-lending-trading-and-usd-settlement-to-bitcoin","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=130319","title":{"rendered":"Citrea Launches Mainnet, Bringing Lending, Trading, and USD Settlement to Bitcoin"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/citrea-launches-mainnet-to-bitcoin\">Citrea Launches Mainnet, Bringing Lending, Trading, and USD Settlement to Bitcoin<\/a><\/p>\n<div><\/div>\n<p>Citrea, a Bitcoin application <a href=\"https:\/\/bitcoinmagazine.com\/tags\/citrea\">platform<\/a> backed by Founders Fund and Galaxy Ventures, announced today the launch of its mainnet, in hopes to unlock lending, trading, and other capital market activity directly on the Bitcoin network.<\/p>\n<p>Alongside the mainnet debut, <a href=\"https:\/\/citrea.xyz\/\" target=\"_blank\" rel=\"noopener\">Citrea<\/a> introduced ctUSD, a U.S. dollar\u2013denominated stablecoin issued by <a href=\"https:\/\/bitcoinmagazine.com\/tags\/moonpay\">MoonPay<\/a> and powered by M0.\u00a0<\/p>\n<p>The stablecoin is fully backed by short-term U.S. Treasury bills and cash and is designed to align with the <a href=\"https:\/\/bitcoinmagazine.com\/news\/trump-vows-to-sign-major-bitcoin-bill\">forthcoming<\/a> GENIUS Act, positioning it as a compliant settlement layer for Bitcoin-based financial activity.<\/p>\n<p>Despite Bitcoin\u2019s roughly $1.3 trillion market capitalization, on-chain data suggests a significant portion of BTC remains economically idle. More than 61% of bitcoin \u2014 worth an estimated $1.2 trillion \u2014 has not moved in over a year, underscoring the limited availability of native financial infrastructure on the network.<\/p>\n<p>\u201cBitcoin is the world\u2019s largest digital asset, yet its role in financial markets has been largely constrained,\u201d said Orkun Kilic, co-founder and CEO of Chainway Labs, the company behind Citrea. \u201cBy bringing Bitcoin-secured financial applications on-chain, the Citrea mainnet enables capital to be deployed, managed, and settled directly within Bitcoin-native markets.\u201d<\/p>\n<h2 class=\"wp-block-heading\">Citrea\u2019s bitcoin lending and products<\/h2>\n<p>At launch, the platform is focusing on two core product categories: BTC-backed lending and BTC structured products. The platform\u2019s lending infrastructure was developed in collaboration with decentralized finance firms Morpho and UltraYield by Edge Capital.\u00a0<\/p>\n<p>For structured products, Citrea is working with digital asset market makers such as Keyrock to offer BTC-denominated yield strategies that combine on-chain and off-chain components.<\/p>\n<p>The company says more than 30 Bitcoin-native applications are already prepared to launch on the platform, spanning a range of institutional and retail financial use cases.<\/p>\n<p>\u00a0\u201cCitrea is addressing a huge market opportunity in helping to make Bitcoin truly programmable,\u201d said Bridget Harris, an associate at Founders Fund. \u201cBy leveraging Bitcoin\u2019s security while enabling application development, Citrea scales the Bitcoin economy as a whole.\u201d<\/p>\n<p>Galaxy Ventures general partner Will Nuelle added that bringing capital markets and stablecoin liquidity directly onto Bitcoin could deepen institutional engagement with the network.<\/p>\n<p>Beyond expanding Bitcoin\u2019s utility, this approach could also impact miner economics.\u00a0<\/p>\n<p>As <a href=\"https:\/\/bitcoinmagazine.com\/glossary\/block-subsidy\">block subsidies<\/a> decline over time, increased transaction-driven activity may help sustain miner incentives by anchoring real economic usage directly to the base layer.<\/p>\n<p>The mainnet and ctUSD are now live.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/citrea-launches-mainnet-to-bitcoin\">Citrea Launches Mainnet, Bringing Lending, Trading, and USD Settlement to Bitcoin<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Citrea Launches Mainnet, Bringing Lending, Trading, and USD Settlement to Bitcoin Citrea, a Bitcoin application platform backed by Founders Fund and Galaxy Ventures, announced today the launch of its mainnet, in hopes to unlock lending, trading, and other capital market activity directly on the Bitcoin network. Alongside the mainnet debut, Citrea introduced ctUSD, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":130320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-130319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130319"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130319"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/130319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/130320"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}