Citrea | Mainnet Live 🍊🍋 (@citrea_xyz): ctUSD: Stablecoin for Bitcoin

ctUSD: Stablecoin for Bitcoin Historically, accessing decentralized finance (DeFi) while holding Bitcoin meant dealing with fragmented liquidity, wrapped assets, and risky bridging mechanisms that compromised security. Designed as the native liquidity standard for the entire Bitcoin ecosystem, Citrea USD (ctUSD) was built specifically to eliminate these pain points. Powered by @m0 and issued by @moonpay, Citrea USD (ctUSD) a 1:1 U.S dollar-denominated stablecoin, fully backed by short-term U.S. Treasury bills and cash. ctUSD establishes a unified economy for the Citrea ecosystem by reducing fragmentation and improving the connection between on-chain collateral and the off-chain fiat systems. Learn more about ctUSD. Visit app.citrea.xyz for ecosystem opportunities. Borrow ctUSD against your BTC One of the greatest challenges for Bitcoin holders has always been finding a secure way to tap into the value of their holdings without having to sell their core asset, BTC. Citrea solves this with cBTC (a trust-minimized BTC) and ctUSD (native an deep stablecoin liquidity) to allow users borrow against Bitcoin collateral. This BTC credit loop is facilitated by Citrea's premier decentralized lending markets: Zentra Finance (@ZentraFinance) : Operating as a flagship money market on Citrea, Zentra enables users to seamlessly deposit cBTC and borrow ctUSD. It currently has $1.3M in availability liquidity, $1.8M total supplied and $486K active loans. @morpho Markets: Morpho deployed its highly efficient lending architecture on Citrea, connecting cBTC collateral with ctUSD liquidity. This enabled the first trust-minimized lending market on Morpho. It currently has $1.79M in total deposits and $258K in available liquidity. ctUSD Dominance Across Vaults & Yields The utility of ctUSD can be found in Citrea's core vault infrastructure, where two out of the four active vaults on the network are dedicated ctUSD vaults. Deposit now: ctUSD Earn Vault: https://app.upshift.finance/pools/4114/0x68499eAEf8c4994593C56a1257BD151D17950BA2 ctUSD Morpho Vault: https://app.mysticfinance.xyz/vault?vaultAddress=0x72f8c254548839fa1db4156ae01d8c6ae5885ee4&chainId=4114 From Pre-Deposit Phase to the Public ctUSD Earn Vault The ctUSD Pre-Deposit Vault was designed to bootstrap early network liquidity. The vault was curated by @RockawayX on the @upshift_fi platform and supported by institutional partners like @yield_network. The response was overwhelming: the initial caps filled near-instantly, signaling immense institutional and community demand for Citrea native stablecoin yield. Following this successful launch, the pre-deposit phase has officially transitioned into the public ctUSD Earn Vault. Powered by Upshift, this vault is now fully public, features no hard deposit caps, and offers flexible capital deployment with a 24-hour redemption window. To maximize yield without relying on leverage, the Earn Vault automatically routes idle ctUSD across the premier liquidity pools and credit venues of the Citrea ecosystem: @SatsumaDEX ctUSD-USDC pool to capture swap fees associated stablecoin yield, $SUMA incentives. @ZentraFinance to capture native borrow interest combined with $ZNT token incentives. @morpho (via the Mystic interface) to capture native borrow interest. The ctUSD Morpho Vault Working alongside the Earn Vault is the dedicated ctUSD Morpho Vault. This vault supplies liquidity directly to isolated Morpho lending pools. Curated for risk-conscious depositors, it captures purely organic yield driven directly by the borrowing demand of traders utilizing Bitcoin collateral on Morpho cBTC - ctUSD market. 10 Million ctUSD Supply and Counting The demand for ctUSD has remained strong since Citrea’s mainnet launch. After hitting a peak of $24 million during the pre-deposit phase, the circulating supply of ctUSD currently sits at a healthy $10 million and continues to grow alongside steady demand for the public Earn Vault. As Citrea continues to improve user onboarding and scale its vault offerings, the role of ctUSD as the ecosystem's ultimate unit of account and liquidity layer is only set to expand.