Celo Adds Tether’s USDT as Gas Currency
Submitted by Anonymous (not verified) on Wed, 04/10/2024 - 05:40


Tether has deployed its USDT stablecoin on the Celo blockchain.
The indexing layer is also expanding to Avalanche and Celo.

The USDT integration aims to boost cross-border payments and peer-to-peer transactions in developing regions.
Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.<
A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum.
Celo originally planned to build its Ethereum layer-2 network with Optimism's OP Stack. Then Polygon and Matter Labs pitched their stacks.
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