On Wednesday, the Celo Foundation announced via a blog post that it has launched Nightfall, an open-source, zero-knowledge privacy layer built by EY, as a Layer 3 on the Celo network.
The integration enables private, enterprise-grade transactions, combining confidentiality with public blockchain infrastructure, and positions Celo at the forefront of enterprise B2B payments.
By deploying Nightfall, Celo bridges the gap between enterprise confidentiality and public blockchain infrastructure — offering an auditable yet private platform for B2B payments, supply chain finance, and other high-value use cases.
The integration enables enterprises building on Celo to conduct private B2B transactions using stablecoins, such as the native USDT and USDC, with support for gas fee abstraction in ERC-20 tokens.
Celo is an open platform that supports various distributed applications, smart contract development, and payments using e-mail addresses and phone numbers as public keys. CELO is up 1% in the last 24 hours and currently trades at $0.2456.