Introducing Citrea USD (ctUSD), the native stablecoin for Bitcoin. Issued by MoonPay 🟣 and powered by M0's stablecoin platform. ctUSD aims to set a native liquidity standard for the Bitcoin ecosystem and offer banking rails between on-chain BTC collateral and fiat systems. 🧵

Liquidity Fragmentation Must Be Solved on Day Zero Today, many emerging ecosystems suffer from fragmented and isolated stablecoin liquidity. This puts users in distress with their capital and traps them on-chain with no easy way to bridge back and forth with fiat.

Unified Liquidity for Bitcoin with MoonPay Rails ctUSD establishes a unified economy for the Citrea ecosystem by reducing fragmentation. ctUSD aims to create a capital-efficient ecosystem by becoming the preferred quote asset on money markets and decentralized exchanges.

Design of ctUSD ensures: ➜ Accessibility across the U.S. (excl. NY) and 160+ countries ➜ Alignment with the forthcoming GENIUS Act guidelines ➜ Native issuance keeps ctUSD liquidity safe from external bridge hacks ➜ 1:1 redemption through a reserve of managed assets

ctUSD compliance framework and its reserves: ➜ Fully backed by short-term U.S. Treasury bills and cash ➜ ctUSD backings are managed by MoonPay through a dynamic and transparent reserve architecture ➜ All reserve assets are held for the benefit of token holders

ctUSD connects on-chain collateral with fiat systems: ➜ MoonPay’s network of 30M+ verified users can instantly onboard without re-completing KYC. ➜ Users can buy/sell via Visa, Mastercard, Apple Pay, Google Pay, and PayPal (subject to regional availability).

ctUSD provides developers with a complete toolkit: ➜ Banking & Payment APIs like Virtual Accounts (vIBANs) ➜ Build Cross-Chain & Merchant Ready Applications If you want to develop a seamless stablecoin experience, we want to work with you! Apply:

ctUSD will be available soon. Initially, users will access ctUSD through: ➜ Using other stablecoins on Ethereum while bridging to Citrea ➜ DEX pools on Citrea ➜ MoonPay ➜ Direct minting support for large orders Learn more and get ready 👇

@m0 🍊🍊🍊🍊

@moonpay @m0 This is going to be unreal!!!!

@moonpay @m0 Stablecoin Expansion

@moonpay @m0 so excited for this. congratulations! all the bapps will be powered by Nexus 🫡

@moonpay @m0 Will need to update our Bitcoin Stablecoins article! Congrats team, this is the way 🤝

@moonpay @m0 I already had suspicion about it

@moonpay @m0 Better than Tether 🫡

@moonpay @m0 man m0 is everywhere

@moonpay @m0 👀

@moonpay @m0 My new favorite stablecoin has just dropped: $ctUSD. I love the foreshadowing of CT here, lol (I know CT is for Citrea).

@moonpay @m0 Native stablecoins are the missing piece for Bitcoin finance.

@moonpay @m0 Congrats!

@moonpay @m0 Yayyy! Congratulations team!

@moonpay @m0 The team is always bringing new things to the network, congratulations!

@moonpay @m0 Sounds like ctUSD is about to make Bitcoin shopping a lot more fun! Can't wait to see how it shakes up the game.

@moonpay @m0 I know you was cooking something big 🔥

@moonpay @m0 👀

@moonpay @m0 Let’s get it @citrea_xyz Citrean to the moon 🌕 🍊

@moonpay @m0 left no crumbs fr ❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥

@moonpay @m0

@moonpay @m0 Citrea is on fire 🔥🍊

@moonpay @m0 congrats!!

@moonpay @m0 Congrats Citrea! Excited to get some ctUSD

@moonpay @m0 gCitrea 🍊

@moonpay @m0 Citrea 🔥🔥🔥

@moonpay @m0 🥹🫶🏻

@moonpay @m0 fixing the liquidity trap on day one is a massive unlock

@moonpay @m0 W!!!!

@moonpay @m0 Bullish! 🔥

@moonpay @m0 Okay @0x_orkun cooked on this one 🫡 Wen “juicy” yield?

@moonpay @m0 let's go ctusd boutta cook on bitcoin fr

@moonpay @m0 1st biggest news of this year

@moonpay @m0 so no tge?

@moonpay @m0