๐ก @Ethereum, we're home!
Following a successful "hard hard fork" led by core contributors at @cLabs & L1 validators, Celo is officially an Ethereum Layer 2 ๐ชจ ๐ชจ ๐ด
What does that mean for the diverse, global decentralized ecosystem? Keep reading to find out โ
Another day, another stablecoin! Welcome to the ecosystem, @minteocom ๐จ๐ด
Through the integration, leading LatAm stablecoin issuers Minteo, deploys the 1:1 asset-backed Colombian Peso stablecoin (COPM) on Celo, the 13th native stablecoin
๐งต Keep reading to learn moreโ
Thanks to everyone who attended our happy hour in Buenos Aires! ๐ฆ๐ท
Special thanks to our co-host @CeLatamOrg and our partners @Celo, @FloriVentures, and @TakenosApp for joining us and making it possible.
Hope to see you at future events!
Are you in Buenos Aires ๐ฆ๐ท or heading there?
We're hosting a gathering with @CeLatamOrg to rev up the engines before @LaBitconf!
Weโd love to see you there!
๐ RSVP now โ spaces are limited! ๐ https://t.co/ON4O1PhS6c
We're excited to partner with @StabilaFnd to unlock new opportunities in emerging markets.
Everyone deserves access to a more inclusive financial system where they can learn, save, invest, and thrive by fully participating in the global economy!
Stabila Launch Partner Spotlight: @CredCollective
โAs a Celo community-led and funded initiative, weโre thrilled to see another project form to support new use cases for the ecosystem. We look forward to collaborating with Stabila to empower users in emerging markets and bring broader access to stablecoins." - @TBariach, Founder
Grateful to @Celo for having us, and the opportunity to connect with innovators and leaders in the Web3 space in the region.
Very excited for the future and the collaborations to come!
Next up at Celo Gather Africa: Kepple Africa Ventures, @CredCollective & @VerdaVentures took the stage to answer questions about the growing local crypto ecosystem & how they are supporting the growth of Web3 startups throughout Africa ๐
Had a blast speaking at @celo Gather Africa alongside
@CredCollective! Crypto adoption is just getting started in Africa.
Couldn't be more excited to support the next wave of web3 startups throughout Africa.
๐ฃ Introducing the Stabila Foundation: a community-funded entity driving real-world adoption of Celo-native stablecoins.ย
@Celo is emerging as the home for stablecoins, exceeding a record $1.14B+ in monthly stablecoin volume in July.
Stay Updated: Check out our blog post and visit https://t.co/eBKl8JuHoD to learn more about us, explore potential collaborations, and discover uses for stablecoins on Celo. ๐ย ย ย
https://t.co/h2ObldCC2B
Imagine- how long before a small export business in Brazil can hedge their FX risk on future expected payment streams from their US customers? Or a Kenyan business to easily manage FX exposure for payments they need to make to a European supplier? Permissionless, onchain.
Honored to share the stage at @BlockSummitLA with leaders shaping Web3 in LATAM. With over 15% crypto ownership in Brazil and Argentina, stablecoins becoming widely used, and Brazil launching Drex, remittances are booming. The future of Web3 in LATAM looks very bright!
Exciting highlights from the @Celo ecosystem last week: โ
โ๐ @cLabs announces that the Alfajores network will upgrade to the CEL2 stack by the end of September
๐ @glodollar proposes that $1M of @MentoLabs' reserve be made up of $USDGLO to fund @CeloPublicGoods
๐งโ๐ @gitcoin launches GG21 on Celo and @owocki chimes in with daily stat updates
๐ฐ @Bancor announces Arb Fast Lane & Carbon DeFi
๐ @paychant announces support for native $USDT on Celo
โฌก @chainlink's CCIP Bootcamp wraps up
๐ณ @GainForestNow shares an update from the Amazon showing conservation data income in action using @Valora and @tether
ะ @artemis__xyz shares trend data around Celo stablecoin growth and what's driving it
โช๏ธ @CredCollective votes to invest $100K in Uwatts by @unergyio
๐ฟ @CarbonDeFixyz joins Celo
๐งฉ @celolatam announces their Incuba Report
ำพ @denariilabs closes applications for its Celo tokenomics accelerator
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What did I miss?
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Also, reply if you have any Celo highlights that you would like me to share next week!
8/11 "The deployment on @Celo is unique," says @tbariach, CEO of the @credcollective. "Combining Celo's stablecoin adoption focus with Bancor's tools drives widespread acceptance."
7/11 The excitement surrounding the deployments of the Arb Fast Lane and @CarbonDeFixyz extends beyond @Celo and Bancor.
These initiatives were made possible by a unanimous decision from the Bancor DAO on a proposal highlighting the @credcollective's strong interest and commitment to ensuring deep liquidity on Carbon DeFi.