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Celo CELO

$0.3733775

2.62 % (24h)

Marketcap

$213,067,432

Volume 24h

$21,497,702


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Description

Celo (CELO) is a mobile-first blockchain platform that aims to make cryptocurrency accessible to anyone with a smartphone.

Launched in 2020, Celo supports the creation of decentralized applications (dApps) and payments using phone numbers as public keys.

CELO, the platform's native token, is used for transaction fees, governance, and staking.

The platform also includes a stablecoin, cUSD, which is pegged to the US dollar.

Celo's mission is to create a more inclusive financial system by making blockchain technology easy to use and accessible to billions of people worldwide.