Hassan Maishera
On Tuesday, the Celo Foundation announced via X that Ligero now supports Celo, bringing compliant private payments to the leading programmable rails for global finance.
With Ligero, sender, receiver, and amount information can stay private onchain, with compliance built into every transaction
The integration enhances Celo’s suite of privacy-first infrastructure and tooling, alongside identity and proof-of-human solutions built by Self.xyz.
As enterprises increasingly enter the blockchain ecosystem and turn to Celo’s fast, low-cost rails for global payment flows, privacy and compliance are a core unlock to achieve adoption at scale.
Ligero and Celo are launching with partner-led workflows first: payroll, treasury transfers, merchant payments, freelancer payments, and business-to-business stablecoin flows, ahead of a path toward consumer-facing privacy features across Celo wallets.
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 down 0.5% in the last 24 hours and currently trades at $0.06856.
