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We're back with issue #7 of Stable Mag, breaking down the last two weeks of stablecoin news & adoption on Celo, @Ethereum & beyond! 💱
🧵 Keep reading for a recap ↓
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🗞️Binance News interviewed the Celo Foundation team to learn about Celo’s journey from EVM-compatible Layer 1 to an Ethereum Layer 2 and the future of the ecosystem! Read the article to learn more about: 📲 Celo’s mobile-forward architecture & ecosystem of accessible applications 💱 The “Home of Stablecoins” with 25+ native stable assets, including USDT, USDC, and Mento Labs’ onchain FX infrastructure 🆔 How ZK-powered identity infrastructure will help onboard verified, real humans to Web3 without compromising privacy and data ownership ➕ Celo’s growing DeFi ecosystem with the recent integrations of Aave, Velodrome and more! Read the interview for more insights on the Celo ecosystem ⬇️ 🔗: https://www.binance.com/en/square/post/08-02-2025-binance-interviews-from-layer-1-to-ethereum-layer-2-celo-talks-celo-token-mobile-payments-and-the-future-of-web3-27771720218849
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Some exciting recent @Celo community highlights: 🪪 @SelfProtocol announces that @GoogleCloud is integrating Self's ZKPs to power Proof of Humanity and OFAC compliance for a series of AI and Web3 offerings, including a first of its kind Mainnet Faucet ₮ @USDT0_to, @Tether_to, and @LayerZero_Core launches Legacy Mesh to link Celo USDT to the $160B tether ecosystem, allowing anyone to move native USDT to Celo with ease 🟨 @RegenRene writes op-ed with Jane Khodarkovsky for @TheHill about ZKPs protecting users in today’s digital era ➕@AcctualTeam announces invoicing with Celo to pay in fiat or stablecoins with same-day settlement into wallets or bank accounts 🛠️ @AustinGriffith shares video showing how to build a vault cookie jar that stakes Celo 💱 Stable Mag by @Celo is back for Edition #8 with Celo and @Ethereum stablecoin news ✴️ @Get_Para and @SelfProtocol join forces to scale compliant wallet onboarding 📲 @MiniPay crosses 8M wallets and 200M transactions with 255% Q2 activation growth ⚖️ @StabilaFnd x @GrowUniswap incentive campaign enables users to deposit Celo-native stablecoin into pools and earn up to 94% APY in both CELO & UNI 🫴 @Giveth announces IMPACT SHOWDOWN on Celo to vote on the most impactful projects 👷 @CeloDevs hosts vibe coding a Celo AI Agent workshop 🟣 @MentoLabs Markus Franke visits On the Brink podcast to discuss disrupting FX What did I miss? 🔗 https://x.com/marek_/status/1948509950134943801
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As @Ethereum nears its 10-year mainnet anniversary, stablecoin adoption throughout the ecosystem is reaching record growth! 📰 The latest Stable Mag edition is here just in time to round up some of the most exciting Ethereum & @Celo stablecoin news that you might've missed ↓ ICYMI: The Legacy Mesh by @USDT0_to is now live on Celo, allowing USDT holders across @Ethereum & more to easily bridge to Celo's robust stablecoin infrastructure https://x.com/USDT0_to/status/1947295931554234577 The Latest on Celo: → @Aave increases Celo-native USDT supply cap from 12M to 24M → @Acctual launches on Celo, unlocking Celo-native USDT, USDC & cUSD payment for freelancers & grantees in emerging markets → Month 4 of @StabilaFnd's campaign w/ @GrowUniswap kicks off, offering up to 94% APY across 10 stablecoin pools → @MentoTurkiye launches, bringing updates about @MentoLabs' onchain FX infrastructure to community members in Turkey → @Celo_Col & @Uniswap host community event in Bogotá, demonstrating everyday utility of cCOP & education around stablecoin-optimized DeFi https://x.com/StabilaFnd/status/1948419194988736900 Catch up on all the highlights in the latest edition of Stable Mag! 🔗 https://x.com/Celo/status/1948463222153249180
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💱 The Legacy Mesh by @USDT0_to is now live on Celo, unlocking seamless transfers between Celo-native @Tether_to USDT & 13+ supported chains incl. Ethereum, Arbitrum, Ton & Tron ⛓️ Since deploying on Celo in March 2024, @Tether_to 's USDT has been leveraged for a diverse array of everyday use cases, incl.: 📲 Mobile payments & savings, led by @MiniPay's 8M+ activated wallets ⛽ Use as gas currency, now accounting for nearly 50% of transaction fees - https://x.com/marek_/status/1943812943415849392 USDT holders across The Legacy Mesh chains can easily access Celo's growing stablecoin-forward DeFi ecosystem, incl.: 🦄 @StabilaFnd & @Growuniswap's @Uniswap V3 "On-Chain FX Campaign" 🚴 @VelodromeFi Slipstream LP Rewards & USDT pools 👻 11+% USDT Supply APY on @Aave & more! To start swapping & interacting w/ the Celo ecosystem, visit: https://usdt0.to/transfer 🔗 https://x.com/Celo/status/1947295695075258761
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Some exciting recent @Celo community highlights: 🟡 The @Celo network successfully completes the Celo Ishmus hardfork. The hardfork includes changes from the Ethereum Pectra hardfork as well as key enhancements from OP Stack’s Isthmus and Holocene upgrades 🔷 @JChaskin22 predicts that all L1s will follow Celo's example and become L2s with @VitalikButerin quote tweeting his post ▶️ @TenderlyApp adds Celo support to its comprehensive suite of developer tools 🪪 @SelfProtocol CEO @EricNakagawa joins @JillMalandrino on @Nasdaq @TradeTalks to discuss privacy-preserving identity solutions 💱 Stable Mag by @Celo is back for Edition #7 with Celo and @Ethereum stablecoin news ⬜️ @Grayscale mentions Celo in its "Assets Under Consideration" list under the "Smart Contract" category 👷 @CeloDevs’s @Sodofi_ vibe codes with @AustinGriffith and deploys live to Celo 🟣 @MentoLabs sponsors Proof of Ship by @CeloDevs with 5000 cUSD prize pool 🥧 @LetsDivvi welcomes @Valora to the Divvi ecosystem to contribute to real activity across Web3 apps 🇨🇴 @Celo_Col to host a @SelfProtocol meetup in Medellín with 20K cCOP in prizes from Proving Your Self 🔷 @ETH_Daily posts that Celo leads in total L2 active addresses in last 24H 🚴 @VelodromeFi launches cEUR-based pools 👻 @Aave V3 incentives round 3 goes live with supply incentives for USDT & wETH to earn CELO rewards What did I miss? 🔗 https://x.com/marek_/status/1945980838828789867
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