USA₮ Chooses Celo as First Chain Beyond Ethereum
Tether has launched its regulated stablecoin USA₮ on the Celo blockchain, making it the first chain to host USA₮ beyond Ethereum (ETH). The rollout delivers federally compliant digital dollars to Celo’s 4.23 million weekly active users, opening up use cases around payments, remittances, and dollar-denominated DeFi within Celo’s mobile-centric ecosystem.
The listing may boost on-chain liquidity for CELO and encourage more merchant and app integrations that prefer lower fees and faster transactions than some Ethereum flows. Developers, wallets, and exchanges will likely watch adoption and bridge activity closely, as USA₮ on Celo could reshape stablecoin competition and expand real-world crypto payment rails outside the Ethereum mainstay.