Celo is a mobile-first Layer 1 blockchain designed to make financial tools accessible to anyone with a smartphone. The platform enables users to send cryptocurrency to phone numbers through its identity protocol, removing the need to share complex wallet addresses. Celo uses a Proof of Stake consensus based on Byzantine Fault Tolerance and features a novel address-based encryption scheme. The blockchain natively supports multiple stablecoins including cUSD, cEUR, and cREAL, pegged to USD, Euro, and Brazilian Real respectively, making it practical for everyday payments across different regions. Celo has focused on financial inclusion in emerging markets, with partnerships spanning mobile money operators in Africa and Latin America. The platform is EVM-compatible and has been transitioning toward becoming an Ethereum Layer 2 through the use of OP Stack, while maintaining its mobile-first identity features.

EVM Blockchains

Celo is EVM-compatible and is transitioning toward becoming an Ethereum L2, allowing Solidity developers to build on its mobile-optimized infrastructure.

L1 Blockchains

Celo is a mobile-first Layer 1 blockchain focused on financial inclusion, enabling cryptocurrency transactions via phone numbers with native multi-currency stablecoins.

Payment Providers

Celo's phone number-based identity system and native stablecoins make it a practical platform for mobile payments and remittances in emerging markets.

Stablecoins

Celo natively supports multiple algorithmic stablecoins including cUSD, cEUR, and cREAL, providing stable value transfer for everyday payments across different regions.