CoinDesk••1 min read
Citrea Launches U.S. Treasury-Backed Stablecoin via MoonPay
The Signal TakeNeutral
Citrea has unveiled a new stablecoin backed by U.S. Treasury assets for its Bitcoin ecosystem. The stablecoin is being launched through MoonPay’s launchpad. According to reports, the aim of this stablecoin is to address liquidity fragmentation by issuing natively on Citrea. The development represents an effort to enhance the functionality and usability of Bitcoin within the Citrea ecosystem by introducing a stable and reliable medium of exchange.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
Zimbabwe moves to regulate crypto sector, requiring firms to register with central bank: Reuters
The Block•2h ago
Bitcoin mining difficulty drops 10% in second-largest negative adjustment of 2026
The Block•4h ago
Bitcoin could crash to $48,000, if this historical pattern is triggered
CoinDesk•5h ago
Summer of crypto (regs): State of Crypto
CoinDesk•6h ago