ZK-powered Bitcoin Layer 2 network Citrea launches its mainnet and issues stablecoins.

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According to Mars Finance, market sources indicate that Citrea, a Bitcoin Layer 2 project backed by Founders Fund and Galaxy, has officially launched mainnet and introduced its native stablecoin, ctUSD, powered by M0 infrastructure. Citrea uses zkEVM to process transactions and incorporates zero-knowledge proofs into the Bitcoin mainnet, supporting financial applications such as BTC-collateralized lending and structured products, with the goal of building a native Bitcoin financial market.

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