Ethereum
Ethereum Founder Praises Celo for Surpassing Tron in Stablecoin Adoption!
Credit : coinpedia.org
Ethereum co-founder Vitalik Buterin not too long ago endorsed Celo for surpassing Tron in every day lively stablecoin addresses. Buterin additionally famous that Celo’s Alfajores testnet will improve to Ethereum Layer 2 (L2) on September 26, marking the shift from a Layer 1 blockchain to a extra built-in L2 resolution. This transformation strengthens Celo’s connection to Ethereum and gives improved performance and bridging capabilities. In 2024, main stablecoins resembling USDC and Tether started supporting Celo, additional driving adoption. Apps like Minipay have additionally performed a key function in amassing hundreds of thousands of customers and driving stablecoin transactions on the community.
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