MoonPay to issue ctUSD for Citrea

We’re excited to announce that Citrea will launch Citrea USD (ctUSD), a 1:1 fiat backed stablecoin designed to serve as the foundational liquidity layer for the Bitcoin ecosystem. ctUSD will be issued by MoonPay and powered by M0, bringing regulated stablecoin infrastructure directly to Citrea.

ctUSD is designed to address one of the core challenges in Bitcoin based finance: access to unified, native stablecoin liquidity. By combining on chain Bitcoin collateral with off chain fiat rails, ctUSD aims to reduce fragmentation and remove reliance on third party bridges, creating a more resilient foundation for developers and users.

Issued by MoonPay, ctUSD is designed to align with forthcoming GENIUS Act guidelines and leverage MoonPay’s existing regulatory and compliance framework, including U.S. state money transmitter licenses. The asset is expected to be available to users in the U.S. excluding New York and in over 160 countries globally, excluding Canada and the EEA.