Why can Celo move from Layer 1 to Layer 2?
CLabs first stated its intention to migrate to Layer-2 in July 2023.
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CLabs first stated its intention to migrate to Layer-2 in July 2023.
This important milestone aims to empower developers in the Celo ecosystem to lead innovation in real-world applications in Web3 by granting them access to critical on-chain data.
Expanding USDT reach: Tether partners with Celo for low-cost microtransactions. Boosts Celo's ecosystem, aligns with its mission of global prosperity. Positive remarks from Celo co-founder. USDT integration addresses rising Ethereum fees, competition with USDC.
Circle discontinues support for USDC on Tron blockchain, citing trust and safety concerns. Immediate halt in USDC minting on Tron; retail users urged to transition to other networks. Decision follows scrutiny over Circle's ties to Tron founder amid legal actions.
Stablecoin issuer Circle is bringing USD Coin (USDC) to the Celo (CELO) blockchain, fostering a strategic alliance to enhance stablecoin accessibility. This move aligns with Celo's vision of becoming a leader in real-world adoption, showcasing potential for further innovations in the evolving crypto landscape.
Explore the strategic integration of USDC into Celo's blockchain, revolutionizing the digital finance landscape.
cLabs, the developer behind Celo blockchain, has announced plans to transition the platform to be an Ethereum layer-2 network.
Ecosapiens, a tech collective focused on creating eco-friendly products for businesses and consumers, has revealed a fresh enterprise solution: tailored digital collectibles that empower businesses to balance their carbon emissions.
USDC has regained its $1 peg.
It was the first time the Celo mainnet had gone down in more than two years.