Citrea has launched its mainnet, introducing a zero-knowledge-powered Layer 2 solution for Bitcoin. This platform batches thousands of transactions off-chain and processes them using a zero-knowledge Ethereum Virtual Machine (zkEVM). The result is a proof that gets recorded on the Bitcoin base layer. Citrea is also rolling out a native stablecoin, ctUSD, which is backed by short-term US Treasury bills and cash, meeting the requirements of the GENIUS Act. The platform is designed to enable Bitcoin-backed lending and structured financial products. Citrea's collaboration with Morpho and Edge Capital’s UltraYield focuses on developing robust lending infrastructure. The inclusion of Keyrock in building BTC-based structured products indicates a strategic effort to create a diverse set of applications directly on the Bitcoin network. This model aims to increase Bitcoin's role as a financial asset and improve its integration into global financial systems. Citrea's approach distinguishes itself from other Bitcoin Layer 2 solutions by using Bitcoin directly for settlement and data availability, rather than relying on external mechanisms. The network's Clementine bridge facilitates advanced functionality while avoiding hard forks. With backing from notable investors like Peter Thiel and a successful $14 million Series A funding round, Citrea is positioned to enhance Bitcoin's utility and liquidity in the market.