Ending Bitcoin's Liquidity Gap: MoonPay Issues First Stablecoin on Citrea
MoonPay is set to issue the first native stablecoin on Citrea, a Bitcoin ZK-rollup. Learn how this launch aims to solve liquidity fragmentation and boost Bitcoin's DeFi ecosystem.
Bitcoin's liquidity desert is getting a major oasis. Global crypto payments infrastructure leader MoonPay is launching the 1st stablecoin natively on Citrea, the premier Bitcoin ZK-rollup solution, to tackle the long-standing issue of liquidity fragmentation.
Why the MoonPay Citrea Stablecoin Launch Matters
For years, the Bitcoin ecosystem's been hampered by fragmented liquidity across various layers. Unlike Ethereum, Bitcoin lacked a cohesive environment for DeFi to thrive. By issuing a stablecoin natively on Citrea through MoonPay’s launchpad, the project aims to keep assets within the Bitcoin security model while providing the fluidity of modern finance.
- Direct Issuance: Eliminates bridge risks by minting directly on the Citrea network.
- Fiat Integration: Users can buy this stablecoin using traditional payment methods via MoonPay.
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