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USDT users on @Celo grew 66% in Q2 to 16M, with 5M+ weekly active users. @Celo was built as a mobile-first payments network from 2020, phone-number wallets, sub-cent gas, stablecoin-denominated fees. The numbers: > Over $6.2B in monthly stablecoin transfer volume. > Average gas fee near $0.0005, 1-second block times. > Daily Active Users went from 235.6k in June 2026 to 462.5k in August 2026 > 32+ stablecoins across 15+ Mento currencies now live on Celo. > A recent hackathon produced 89 agentic projects and 875K transactions with $1.6M in volume. The Tether relationship: > 28% of all cross-chain USDT transfers, highest of any network. > USDT users grew 66% in Q2 to 16M, with 5M+ weekly active users. > Tether launched USA₮ on Celo in July 2026 MiniPay: > Built by Opera, integrated into Opera Mini, 11% mobile browser share in sub-Saharan Africa. > Grew from 7M wallets to 18M+ in 16 months. Fee abstraction removes the real barrier: > Gas can be paid directly in USDT, USDC, USAT, and others no CELO required to transact. > Stablecoins now cover close to or over 50% of all fees paid on the network. Mento (FX layer): > $18.5B in 2025 volume across 15 currencies, including cUSD, cEUR, eXOF, cREAL, cKES. > Solves what dollar stablecoins don't, swaps NGNm for cREAL on-chain instead of correspondent banking. The core take: > Celo built what stablecoins need to work as a payments rail phone-number wallets, stablecoin gas, multi-currency FX. > Tether's USA₮ launch and MiniPay's 6x growth are the clearest signals this is being used, not just built. > AI agents transacting autonomously will default to environments with multi-currency support and abstracted gas already in place.
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