A year and a half ago, @Tether_to launched native USDT on Celo! Today, Celo is the #2 transport layer for USDT w/ over 2M weekly active users & 6M+ unique holders 🧵 Keep reading for more highlights, from everyday stablecoin payments to gas payments via fee abstraction ↓
5/ USDT is also a core pillar for Celo's robust DeFi ecosystem w/ liquidity pools, yield generation, lending markets & cross-asset swaps across: 👻 @aave 🦄 @Uniswap 🚴 @VelodromeFi 🗿 @Bancor ➕ @curvefinance, @pwndao, @ichifoundation, @merkl_xyz, @steerprotocol & more!
6/ In July, USDT on Celo saw a significant expansion of cross-chain access with @USDT0_to's integration of The Legacy Mesh, unlocking seamless transfers to & from 13+ chains incl. Ethereum, Arbitrum, Ton & Tron ⛓️
The Legacy Mesh is now live on @Celo – the Ethereum L2 built for the real world, designed for fast, low cost transactions worldwide. All USDT deployments on Celo have been linked to the wider and more efficient USDT0 ecosystem, linking $160B across chains. Your USDT, anywhere.
7/ What's next? 🤔 USDT continues to reach new users across the Celo ecosystem, driven by applications like accessible, user-friendly payments & stablecoin-optimized DeFi 💱 Celo's Tether ecosystem is continuing to expand... stay tuned for exciting updates very soon ⌛
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