Citrea USD (ctUSD) stablecoin analytics
Answer First
What is Citrea USD (ctUSD)?
ctUSD is Citrea's native USD stablecoin issued by MoonPay on M0 Protocol, backed by U.S. Treasuries and cash with on-chain reserve attestations. The static profile records its US Dollar peg mechanism as: 1:1 fiat-backed mint and redemption via MoonPay using M0 Protocol infrastructure; reserves cryptographically attested on-chain by independent M0 Validators before minting; fiat on/off ramp via Visa, Mastercard, Apple Pay, Google Pay, and PayPal through MoonPay's 30M+ verified user base
Is ctUSD safe?
ctUSD holds a C- Safety Score grade (54/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Citrea USD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from M0 Protocol; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Citrea USD (ctUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
Variant Relationship
Citrea USD (ctUSD) is modeled as a pure wrapper variant of M by M0 (M). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Sep 7, 2026
ctUSD is Citrea's native dollar issued by MoonPay on M0, backed by T-bill assets with a broad fiat on-ramp, but still small on a young Bitcoin ZK-rollup. The infrastructure is standard M0: bankruptcy-remote SPVs, on-chain Validator attestations, short-term Treasury backing, the same infrastructure that now underwrites a growing family of branded dollars across the ecosystem.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Citrea: Introducing ctUSD (MoonPay user base, payment rails, coverage, backers)
- Collateral
- The direct onchain backing is M held by the ctUSD extension on Citrea. Citrea describes the underlying reserves as cash and short-term U.S. Treasury bills; MoonPay's stablecoin terms provide for reserve assets held for token holders in segregated accounts apart from corporate funds. These sources do not establish a ctUSD-specific SPV or a token-specific GENIUS authorization.
- Peg Mechanism
- 1:1 fiat-backed mint and redemption via MoonPay using M0 Protocol infrastructure; reserves cryptographically attested on-chain by independent M0 Validators before minting; fiat on/off ramp via Visa, Mastercard, Apple Pay, Google Pay, and PayPal through MoonPay's 30M+ verified user base
- Jurisdiction
- United States / MoonPay USA LLC: New York BitLicense and Money Transmitter License, complemented by money-transmission licences in 46 other U.S. jurisdictions.
- Proof Of Reserves
- Real-Time PoR by M0 Protocol Reserve source
- Contracts
- 1 deployment tracked across Citrea Mainnet.
Next Actions
Exact bot target: /subscribe dews,depeg,safety ctusd-citrea
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
ctUSD quick answers
What is Citrea USD (ctUSD)?
ctUSD is Citrea's native USD stablecoin issued by MoonPay on M0 Protocol, backed by U.S. Treasuries and cash with on-chain reserve attestations. The static profile records its US Dollar peg mechanism as: 1:1 fiat-backed mint and redemption via MoonPay using M0 Protocol infrastructure; reserves cryptographically attested on-chain by independent M0 Validators before minting; fiat on/off ramp via Visa, Mastercard, Apple Pay, Google Pay, and PayPal through MoonPay's 30M+ verified user base
Is ctUSD safe?
ctUSD holds a C- Safety Score grade (54/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Citrea USD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from M0 Protocol; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs ctUSD?
Pharos classifies ctUSD backing as Real-World Asset Backed. Collateral, per the static profile: The direct onchain backing is M held by the ctUSD extension on Citrea. Citrea describes the underlying reserves as cash and short-term U.S. Reserve evidence: Real-Time PoR from M0 Protocol.
Can ctUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for ctUSD, when applicable, appear in the dossier below.
