Last week, the Celo ecosystem achieved multiple milestones

Celo is a mobile-first public chain that allows anyone to access decentralized finance (DeFi) tools and services using their mobile phone. Celo's mission is to establish a financial system that creates prosperous conditions for everyone. Celo hopes to enable local and non-local digital assets, including cryptocurrency and central bank digital currency (CBDC), to circulate freely between devices, operators, and countries, making money unprecedentedly liquid, global, and accessible.

 

On October 12th, Celo CEO Yu X stated that the highlights of the Celo ecosystem last week included Bancor's transaction volume exceeding 20 million USD, Pay Protocol supporting Celo, Tether's 10th anniversary celebration, Scout Game XYZ joining, Pretium App launching in Malawi, and Celo Col DAO launching a new stablecoin proposal.