Tether (USDT), the world’s largest stablecoin, has integrated with the Celo (CELO) blockchain.
Tether was implemented on the Celo blockchain. Thanks to the integration, various services such as lending and borrowing in the Celo network decentralized finance in transactions USDT can be used.
On the other hand, we will inform the Celo community in the coming days. in decentralized applications (dApps)USDT as a means of paying transaction fees to help make transactions more efficient integration plan will be offered.
Making a statement on the subject Tether CEO Paolo Ardoinodescribed this step as an important step for their mission:
The integration of Tether USDT into the Celo platform built for the real world will represent a significant step forward in our mission. By leveraging Celo’s unique capabilities, we can further increase the availability and accessibility of Tether for millions of people.
Celo announced that it would launch USDC transactions at the end of January.
According to CoinGecko data, with the influence of news flow 55% rising CELO, $1.13 from level for $1.83 climbed.