Hassan Maishera
On Wednesday, the Celo Foundation announced via a blog post that Bridge has added support for Celo, connecting its stablecoin orchestration platform to one of the most actively used networks in crypto.
With this partnership, Celo and Bridge will be accelerating everyday stablecoin usage for millions worldwide. Through a single Bridge API any business can now access onramps, offramps, and cross-chain bridging of USDC on Celo.
Celo is a carbon-negative, permissionless, blockchain with a rich ecosystem of global partners building innovative Web3 dapps to support a more inclusive financial system.
Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack (the Celo platform), CELO governance asset, and several Mento stable assets (cUSD, cEUR, cREAL) that allow for real-world users to use digital assets.
The open source Celo mainnet launched on Earth Day 2020. The Celo community passed an indicative on-chain governance proposal (temperature check) to have Celo migrate to an Ethereum layer-2. Google Cloud, Deutsche Telekom, Telefonica, and many others run validators on the Celo Platform.
Today, the Platform supports 1,000+ projects in over 150 countries that are building on Celo to help create the conditions of prosperity for all.
CELO is down 1.2% in the last 24 hours and currently trades at $0.09160.
