CTR A big deal for the Bitcoin Community by Citrea

So today marks the launch of CTR, a new coordination asset that puts control of the Bitcoin economy back in the hands of its users. Bitcoin created something that no financial system has seen before: a trustless peer-to-peer digital cash system. As Bitcoin has proven itself as the go-to asset for finance without censorship, the demand for BTC in various financial scenarios has really ramped up. There’ve been a bunch of attempts to create a Bitcoin ecosystem, but most of them either had to sacrifice programmability or relied on too much trust, which just slowed down adoption. Because of this, a lot of BTC has shifted to other blockchains, helping out their middlemen and pulling liquidity away from Bitcoin itself. The need for programmability was clear, but we didn’t need to compromise. Over the last two years, Citrea has been working on the infrastructure that allows for the first trust-minimized BTC on a fully programmable layer for Bitcoin. Built on this foundation, we've created a comprehensive Bitcoin economy that treats the Bitcoin Network as its only source of truth. With CTR, we’re now giving the power of this economy back to its users. What We’ve Actually Built: The Bitcoin Economy In the past couple of years, Citrea has delivered a series of groundbreaking achievements for Bitcoin: we rolled out the first ZK Rollup that's totally secured by the Bitcoin Network and Clementine, the first trust-minimized BTC bridge using BitVM. On top of that, we introduced ctUSD, a native stablecoin for Bitcoin, issued by MoonPay, designed to meet the upcoming GENIUS Act guidelines. This has given the Bitcoin ecosystem a native liquidity standard.

Please note: This thread is made purely for informational purposes. It's a verebatim copy of the announcement made by the project's team at the time as it was captured here: https://archive.ph/TcvbJ I hold zero affiliation with this project.