Hassan Maishera
On Tuesday, the Celo Foundation announced via X that XAUt0, USDT's omnichain deployment of Tether Gold, is now live on Celo. Bringing the leading gold-backed digital asset to Celo unlocks strong potential applications, including:
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Inflation-resistant savings
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Gold-denominated lending
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Hybrid vaults that pair USDT’s global liquidity with the long-term value of physical gold.
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.
