Circle's USDC token will go native on the Celo blockchain and pay for gas

THE connect between Célo And Circle will advantage both sides as Célo keep on going has advance real world to use case And Circle expands It is reach.

The circle USD Piece of money (USDC) will launch natively on THE Célo blockchain, THE Célo Foundation has announcement. Struck USDC on THE blockchain will booster Celo to use case For real world assets And improve USDC convertibility In decree currencies.

USDC will join Celo native proof of participation governance token, CELO (CELO), as THE blockchain transitions Since A Ethereum Virtual Compatible with machines layer-1 chain has A Ethereum layer-2 protocol. THE Célo community will vote In A Future proposal on manufacturing USDC THE gas currency For THE ecosystem.

Mento Laboratory Already problems THE cUSD stable coin on Celo, as GOOD as other stable coins such as THE cEuro, CREAL (fixed has THE Brazilian real) And eXOF (fixed has THE West African CFA frank).

Célo positions himself as part of THE regenerator finance movement and East carbon neutral And mobile first. He underlines mobile technology has improve THE user experience In emerging savings. THE Opera the Web platform spear It is MiniPayment wallet on Célo In September For African users with mobile Telephone (s. Circle senior business development director Shamous Noonan said In A statement:

"This Partnership will ...