Celo


Markets

Celo Challenges Tron's Leadership in Active Stablecoin Addresses

The CELO token rallied over 20% on Wednesday as Vitalik Buterin cheered Celo's progress.

Top chain by active stablecoin addresses. (Artemis)

Tech

Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.

Celo Foundation President Rene Reinsberg (Celo)

Tech

The Protocol: Analyzing Runes Impact as Bitcoin Fee Bonanza Fades

Last week's Bitcoin halving came and went – just as Satoshi Nakamoto programmed it. But the big surprise was the fast uptake of Casey Rodarmor's new Runes protocol, his second big hit on the original blockchain in two years.

Keyboard

Tech

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

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 Foundation President Rene Reinsberg (Celo)

Tech

The Graph Expands Subgraph to More Than 40 Blockchains Including Arbitrum, Base

The indexing layer is also expanding to Avalanche and Celo.

(Shubham Dhage / Unsplash)

Finance

Tether's USDT To Launch on Celo

The USDT integration aims to boost cross-border payments and peer-to-peer transactions in developing regions.

Tether CEO Paolo Ardoino (Tether)

Tech

Circle to Issue Its Stablecoin USDC on Celo Network to Boost RWA Capabilities

Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.

(Sandali Handagama/ CoinDesk)

Tech

Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money

A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum. The months-long selection process has started to look like "The Bachelorette," with teams behind the Arbitrum, Optimism, Polygon and zkSync networks all vying to win the technology mandate.

Like the suitors courting Penelope in the Odyssey, Ethereum's biggest layer-2 teams are vying to win over the Celo blockchain. (John William Waterhouse, via Wikipedia.)

Tech

Arbitrum Throws Hat In Ring for Celo's Migration to Layer-2 Blockchain

Celo originally planned to build its Ethereum layer-2 network with Optimism's OP Stack. Then Polygon and Matter Labs pitched their stacks. Now, Arbitrum, the biggest layer-2, wants in on the bake-off.

Arbitrum booth at ETHDenver (Danny Nelson/CoinDesk)

Tech

Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.

A Celo-sponsored claw machine where attendees could win merchandise items. (Lyllah Ledesma/CoinDesk)

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