Coinbase Lists Citrea Token, Expanding Bitcoin Layer-2 Access

Coinbase has made a significant move by listing Citrea (CTR), a token associated with a Bitcoin layer-2 scaling solution. This development is expected to expand trading options for users on the platform and reflects growing institutional interest in Bitcoin-based infrastructure projects.

The Citrea network aims to enhance the programmability and scalability of the Bitcoin blockchain by enabling smart contracts and decentralized applications (dApps). By leveraging zero-knowledge proofs, Citrea maintains security and decentralization while improving throughput and reducing costs.

Coinbase's listing of CTR will be phased, with inbound transfers enabled initially. Once sufficient liquidity is confirmed, trading pairs including CTR-USD, CTR-USDT, and CTR-EUR are expected to go live. However, the exact date for trading activation has not been specified.