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Data: 1,700 BTC transferred from an anonymous address, routed through intermediaries, and flowed into Galaxy Digital
38m ago
Data: If BTC breaks through $92,367, the total liquidation strength of mainstream CEX short positions will reach $1.955 billion.
47m ago
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Citrea launches government bond-backed stablecoin ctUSD, issued by MoonPay
ChainCatcher news, supported by Founders Fund and Galaxy Ventures, the Bitcoin application layer Citrea launches its native USD stablecoin Citrea USD (ctUSD), issued by MoonPay, with M0 technology support, fully backed by US short-term Treasury bonds and cash.
Although Bitcoin’s market capitalization exceeds $1 trillion, most capital remains in a passive store of value due to the lack of native yield generation and transaction settlement infrastructure. Existing Bitcoin financial activities rely on bridged or externally issued stablecoins, leading to liquidity fragmentation and increased risk. ctUSD provides a unified USD settlement layer for the Bitcoin market, supporting BTC-collateralized lending, trading, and settlement directly on the Bitcoin chain, without the need for bridging tokens.
This stablecoin complies with the GENIUS Act regulatory guidelines and can be used in the United States (excluding New York) and over 160 other countries.