Citrea Launches U.S. Treasury-Backed Stablecoin via MoonPay
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.
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