Celo is an open platform asset that has a fixed offer and variable cost. The protocol allows you to perform transactions with cryptocurrencies that are linked to fiat currencies.

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Six years ago today, Celo mainnet launched on Earth Day! 

The Ethereum Layer 2 built for the real world has processed 1.27B+ transactions, bringing fast, low-cost stablecoin txs to 600K+ global users every day. 

For what Celo's growth and adoption looks like in real world terms - from the 840k peak DAUs exceeding the population of San Francsico to $65B in stablecoin volume since L2 migration surpassing the GDP of Iceland, take a look at the thread and blog post: 

https://x.com/Celo/status/2046969263244857722?s=20

https://blog.celo.org/celo-at-six-the-most-widely-adopted-blockchain-for-stablecoins-3ad39a1e8ed8

Six years ago today, Celo mainnet launched on Earth Day. The Ethereum Layer 2 built for the real world has processed 1.