Is the altcoin season coming?! Lately, altcoins have been getting more and more powerful. Grayscale added many new altcoin positions in Q2 this year, including Celo, a payment-focused Layer 2. To learn what it does, check out the screen below: Celo, in collaboration with the Opera browser, developed a payment app called Minipay. I downloaded it—support is available in over 60 countries. The focus is primarily on Latin America and Africa, where stablecoin payment apps are most widely adopted. Minipay has already processed over 400 million transactions. You can even purchase Celo’s native token directly within the app. Opera is a well-established company and can be seen as Celo’s DAT. It’s currently also advancing the allocation of 160 million Celo tokens. But unlike a typical DAT, Opera already has over 50 million users, making it a significant distribution channel for Celo’s payment ecosystem.

Share






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.