Tether Expands to Celo for Enhanced Cross-Border Payments

March 12th, 2024
Tether (USDT), the leading stablecoin, is set to join the Celo network, marking a significant stride towards bolstering cross-border and peer-to-peer transactions, particularly in developing regions. This collaboration leverages Celo's mobile-first approach and its focus on emerging markets to enhance the utility of stable assets. With the potential adoption of USDT as a transaction fee currency on Celo, the integration promises to streamline transactions in decentralized applications, making them more efficient and accessible. Tether's move to Celo reflects a broader ambition to improve financial inclusivity and connectivity on a global scale.
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