In collaboration with Valora, the new plan will be launched in Nigeria, South Africa, Brazil, Turkey, and Vietnam.
Story Highlights CELO coin price could reach a maximum of $1.46by the end of 2024. CELO price, with a potential surge, could go as high as $5 by the end of 2030. CELO coin live price is .
The Stabila Foundation has launched a new initiative to boost stablecoin adoption within the Celo ecosystem, aiming to drive real-world use cases for the network.
Celia Inside has launched a new music NFT collection on Celosphere, marking a significant moment for the platform.
Gitcoin has announced that the twenty-first edition of its grants program, Gitcoin Grants 21, is officially live and will feature ecosystem rounds for Arbitrum and Celo. The Gitcoin Grants 21 program went live on Aug.
The battle for the best blockchain for developers and users has been won by the likes of Ethereum, Solana, BNB Chain, Arbitrum, and Base. Many contenders who were hoping to take on Ethereum have faced substantial challenges and evolved into ghost chains.
In a move to join the Ethereum network, Celo launches the Dango Layer 2 testnet, paving the way for faster and cheaper transactions.
Celo will join Optimism's "Superchain" ecosystem of Ethereum Layer 2 networks rather than remain as an EVM-compatible Layer 1 blockchain.
cLabs unveils Dango, a Layer-2 testnet for Celo, enhancing blockchain performance and scalability with Optimism's OP Stack.
Eigen Foundation grants its first strategic funds to Celo Foundation, enhancing Celo's Layer-2 with EigenDA's data availability.
Celo Foundation elevates Eric Nakagawa to Executive Director and Isha Varshney to Head of Ecosystem, enhancing its leadership team amid an Ethereum Layer-2 migration.
The Celo Foundation is pleased to share that Chainlink CCIP is now live on the Celo network, an emerging Ethereum Layer-2 and mobile-first blockchain built for the real world and designed for fast, low-cost payments worldwide.
Celo network integrates Chainlink CCIP for secure cross-chain interoperability.
The Ethereum layer-2 solution is leveraging Chainlink for blockchain interoperability and real-world price data.
Celo enhances its blockchain with Chainlink's CCIP, ensuring top-level security for cross-chain transactions and ecosystem growth. The post Celo integrates Chainlink's CCIP to boost cross-chain functionality appeared first on Crypto Briefing.
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
TL;DR Untangled Finance launches the first institutional private credit pool in DeFi. Backed by Fasanara Capital, the pool is structured on the Celo blockchain with advanced security measures. Access for accredited RWA investors through a robust KYC process.
Untangled Finance introduces a securitization pool on Celo, offering private credit opportunities in DeFi with a $6 million USDC debt ceiling. The post RWA protocol Untangled Finance debuts private credit pool on Celo appeared first on Crypto Briefing.
Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets.
In the ever-evolving landscape of cryptocurrencies, Binance, a prominent player in the field, has unveiled a groundbreaking integration that could reshape how users interact with digital assets. Today, Binance announced the successful integration of USD Coin (USDC) into the CELO network, marking a significant milestone in the journey towards seamless cryptocurrency interoperability.
Binance, one of the leading cryptocurrency exchanges, has successfully completed the integration of USD Coin (USDC) on the CELO network. As a result, users can now deposit and withdraw USDC on Binance's platform.
cLabs decides on its preferred tech stack for Celo's Ethereum Layer 2 transition.
Celo has announced that it will use the operating framework offered by Optimism to launch its own Ethereum layer-2.
After nine months of deliberation, the developers behind Celo have chosen OP Stack as the infrastructure for the project's migration to Ethereum.
The deployment of the Celo Layer 2 testnet is planned for later in the summer. This will come after another round of community voting.
TL;DR cLabs proposal to migrate Celo to an Ethereum layer 2 using OP Stack. Special anniversary of the mainnet launch. Invitation to participate in the discussion of the proposal at the forum and in a community call on May 2.
cLabs, the leading developer of the Celo blockchain, has announced plans to transition its network to an Ethereum Layer 2 solution using the OP Stack.
Blockchain project focused on decentralized finance Celo announces plans to implement an Ethereum Layer 2 solution.
cLabs, the principal developer behind the Celo blockchain, has announced its decision to employ Optimism's OP Stack for its upcoming Ethereum Layer 2 solution. This choice signifies the conclusion of a very detailed eight-month assessment period during which a number of scaling technologies were subject to thorough testing.
After evaluating various scaling technologies over an eight-month period, cLabs chose OP Stack for development.
CLabs officially proposed using Optimism's OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules.
Celo, a low-fee, usability-focused blockchain, has approved using Tether's USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance proposal stated this functionality would simplify the transaction experience for users, who only need to hold the USDT stablecoin in their wallets to move value using Celo's network.
The Celo Foundation and Rarible introduce Celosphere, a new NFT marketplace powered by RaribleX and platforming digital ownership aligned with the Celo community's mission of creating prosperity for all.
Centrifuge, a platform for on-chain finance that's taking the lead in the tokenized real-world assets ecosystem, has announced the first RWA transaction on Celo. The platform revealed via a blog post on March 29 that the Celo ecosystem had allocated $1 million in US Treasuries on Centrifuge.
Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other tokens. This also benefits newcomers, making it easier for them to make transactions.
Tether deployed USDT on Celo mainnet, expanding accessibility and utility.
Tether has deployed its USDT stablecoin on the Celo blockchain.
Wolf Of Altcoins, a prominent figure in the crypto world, shared some big predictions about how much money people can make with certain types of digital currencies.
Tether's USDT stablecoin is coming to the Celo blockchain, promising users significantly lower transaction fees.
Tether Operations Limited (Tether), which claims to be the largest company in the cryptocurrency industry, announced that USDT will launch on Celo, a mobile-first and EVM-compatible blockchain network that's built for the real world and designed for fast, low-cost payments worldwide.
In a groundbreaking move, Tether Operations Limited, the entity behind the popular stablecoin Tether (USDT), has officially launched its token on the Celo Blockchain. This strategic integration marks a significant step towards revolutionizing transactions and fostering financial inclusion on a global scale.
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on enhancing the “usability and accessibility of Tether for millions of people.
This move marks a stride towards global financial inclusivity and empowerment through blockchain. Celo, with its mobile-first, real-world-focused blockchain, is an ideal partner for this journey.
Tether Operations Limited, has now officially released Celo Blockchain-based Tether Token (USDT) into the market and has announced the details through their press release. Tether's Expansion to Celo Tether's decision to integrate with Celo, a “mobile-first and EVM-compatible” blockchain community, is a significant step towards promoting financial inclusion, built for fast, low-cost payments globally.
As described by the stablecoin issuer, the Celo fee advantage will help it connect more with users in socio-economically disadvantaged regions.
Leading stablecoin issuer Tether is set to introduce its USDT token on the Celo blockchain, an Ethereum Virtual Machine-compatible platform transitioning to an Ethereum Layer 2 network.
Tether's USDT joins the Celo network to boost financial inclusion with low-cost, mobile-first blockchain solutions.