Hassan Maishera
On Monday, the Celo Foundation announced via X that Pods Finance has officially launched on Celo. Users can now directly move assets from the Celo network to Pix, unlocking instant, low-cost access to onchain finance for millions in Brazil.
With the new integration, users can move from Pix directly into the Celo ecosystem, connecting the Brazilian payment system to onchain finance through a simpler experience.
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), the CELO governance asset, and several Mento stable assets (cUSD, cEUR, cREAL) that enable 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 up 8.9% in the last 24 hours and currently trades at $0.1010.
