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Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s

[Apr 22 7:00 AM] CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules.

Celo Adds Tether’s USDT as Gas Currency

[Apr 9 8:28 PM] Celo, a low-fee, usability-focused blockchain, has approved using Tether’s USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance proposal stated this functionality would simplify the transaction experience for…

Tether Launches USDT on Celo Targeting Increased Usability

[Mar 12 7:05 AM] Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on…

Celo Votes To Increase Minimum Gas Threshold

[Jan 25, 2023 5:30 AM] Celo, a mobile-focused smart contracting platform compatible with Ethereum’s virtual machine, is voting on a proposal to increase the network’s minimum gas threshold.  Voting for Celo Governance Proposal 0066 started today, Wednesday, January 18…