USA₮ Picks Celo as First Expansion Chain Beyond Ethereum
5 Articles
5 Articles
Tether Expands USDT to Celo: What Stablecoin Expansion Means for DeFi Users
Tether’s USAT stablecoin – a regulated, U.S.-market digital dollar – is leaving Ethereum mainnet for the first time, landing on Celo, a mobile-first Ethereum layer-2 network with 14 million Opera MiniPay wallet users already transacting across 66+ countries. That’s not a minor technical footnote. It’s a direct pipeline from regulated dollar infrastructure into one of the most active real-world stablecoin ecosystems on-chain today. Tether announc…
USAT Stablecoin Expands to Celo Blockchain in First Layer-2 Deployment
Tether has announced the expansion of USAT, a regulated U.S. dollar stablecoin issued by Anchorage Digital, to the Celo blockchain marking the first time the digital asset has been deployed beyond Ethereum mainnet. Celo operates as an Ethereum layer-2 scaling network, and Google Cloud will provide infrastructure support for the rollout. USAT launched on Ethereum in January and is now broadening its reach to tap into Celos growing mobile-first ec…
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