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<a href="https://bitcoinworld.co.in/tether-usdt-announced-its-plan-to-run-on-the-celo-network/" title="Tether (USDT) Announced Its Plan To Run On The Celo Network" rel="noopener noreferrer nofollow"></a>
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 <li style="font-weight: 400">Tether (USDT), the world’s largest stablecoin, announced that it has added Celo network to the altcoin networks it is available in.</li>
</ul>
<a href="https://tether.to/en/" rel="noopener noreferrer nofollow">Tether</a> (USDT), the world’s largest stablecoin by market value, will be available on the mobile-focused layer-1 platform Celo.&nbsp;
This integration aims to improve cross-border payments and peer-to-peer transactions, especially in developing regions.
Currently migrating from a standalone blockchain to a new layer-2 on top of Ethereum, Celo is a mobile-first network that claims to offer multiple stable assets to users worldwide. However, it primarily targets emerging markets.
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The integration of USDT into Celo will expand the uses of fixed assets currently available in Celo.
A forum focused on the Celo community will propose the use of USDT as a transaction fee currency. This move is expected to make transactions within decentralized applications (dApps) more efficient.
Tether CEO Paolo Ardoino expressed his excitement about the integration.&nbsp;
“The integration of Tether USDT into the Celo platform built for the real world will be a significant step forward in our mission. By leveraging Celo’s unique capabilities, we can further increase the usability and accessibility of Tether for millions of people,” he said.
Tether is already <a href="https://tether.to/en/transparency/#usdt" rel="noopener noreferrer nofollow">live</a> on several other layer-1 networks, including Avalanche, Polygon and Near.
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The post <a href="https://bitcoinworld.co.in/tether-usdt-announced-its-plan-to-run-on-the-celo-network/" rel="noopener noreferrer nofollow">Tether (USDT) Announced Its Plan To Run On The Celo Network</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Tether (USDT) Announced Its Plan To Run On The Celo Network

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