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PANews reported on January 27th that Citrea, a Bitcoin Layer 2 project backed by Founders Fund and Galaxy, has officially launched its mainnet and introduced itsPANews reported on January 27th that Citrea, a Bitcoin Layer 2 project backed by Founders Fund and Galaxy, has officially launched its mainnet and introduced its

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

Author: PANews

Source: PANews

2026/01/27 22:34

1 min read

News Brief

**PANews** reported on January 27th that Citrea—a Bitcoin Layer 2 initiative supported by Founders Fund and Galaxy—officially went live with its mainnet. Alongside this launch, the project introduced ctUSD, its native stablecoin operating on M0 infrastructure. By leveraging zkEVM technology, Citrea processes transactions while embedding zero-knowledge proofs directly into Bitcoin's mainnet. This approach enables BTC-backed lending and structured products, which many believe will foster a truly native Bitcoin financial ecosystem.

PANews reported on January 27th that Citrea, a Bitcoin Layer 2 project backed by Founders Fund and Galaxy, has officially launched its 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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