• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

Tether Expands USDT to Celo: What Stablecoin Expansion Means for DeFi Users

Moussa by Moussa
April 1, 2026
in Bitcoin
0
Tether Expands USDT to Celo: What Stablecoin Expansion Means for DeFi Users
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Tether’s USAT stablecoin – a regulated, U.S.-market digital dollar – is leaving Ethereum mainnet for the first time, landing on Celo, a mobile-first Ethereum layer-2 network with 14 million Opera MiniPay wallet users already transacting across 66+ countries.

Related articles

Swiss Bitcoin Pay Shuts Down Servers After Data Breach

Swiss Bitcoin Pay Shuts Down Servers After Data Breach

September 14, 2026
UAE Taps Avalanche to Secure Digital Identity for 12.5M People

UAE Taps Avalanche to Secure Digital Identity for 12.5M People

September 14, 2026

That’s not a minor technical footnote. It’s a direct pipeline from regulated dollar infrastructure into one of the most active real-world stablecoin ecosystems on-chain today.

Tether announced the expansion on March 31, 2026, with Google Cloud providing infrastructure support and Celo governance set to vote on enabling USAT as the network’s native gas currency. Celo already hosts 4.23 million weekly active USDT users – so USAT isn’t arriving to an empty room.

Secure. Borderless. Built for the real world. 🌍$USAT is officially coming to @Celo, bringing the most trusted digital dollar to millions of mobile users. Additionally, we're launching with a privacy-first mainnet faucet powered by @googlecloud pic.twitter.com/fN2Lphmfe5

— USAT (@usat) March 31, 2026

What Does USAT on Celo Actually Mean for DeFi Fees and Liquidity?

Start with the basics. Ethereum mainnet – the original blockchain where USAT launched in January 2026 – is powerful but expensive. During busy periods, a single token transfer can cost $5–$30 in gas fees. For someone sending $50 to a family member overseas, that’s simply not viable.

Celo is built differently. It’s an Ethereum layer-2 although that’s changing – Fees on Celo run fractions of a cent. That changes who can realistically use USAT.

After much consideration pic.twitter.com/N2Ae0bi4DU

— Celo.eth/acc 🦇 🌳 (@Celo) April 1, 2026

There’s another feature worth understanding: fee abstraction. On most blockchains, you need the network’s native token on hand just to pay transaction fees – even if you only want to move stablecoins. Celo removes that friction.

Once Celo governance approves USAT as a gas currency, users will be able to pay fees directly in USAT itself. No ETH, no CELO token required. For a first-time DeFi user, that’s the difference between a manageable experience and a confusing one.

The Google Cloud integration adds another layer. A mainnet faucet – a tool that distributes small amounts of tokens to verified users – will use privacy-preserving proof-of-humanity verification developed with a platform called Self.

Verified users can claim USAT without exposing personal data. That’s meaningful for regulated stablecoins that need to confirm users are real humans without building surveillance infrastructure.

Tether CEO Paolo Ardoino framed the move around access: “More than 566 million people globally use USDT as a reliable way to access and move dollars, particularly in markets where traditional financial infrastructure falls short.

” The Celo expansion brings USAT directly into the ecosystem those users are already operating in. Standard Chartered flagged Tuesday that stablecoin velocity has doubled in two years, with coins changing hands an average of six times per month – and the bank now projects the stablecoin market reaching $2 trillion in total market cap. USAT’s Celo move is timed into that acceleration.

EXPLORE: Top Crypto Presales to Watch Now

Follow 99Bitcoins on X (Twitter) For the Latest Market Updates, and Subscribe on YouTube For Daily Expert Market Analysis.

The post Tether Expands USDT to Celo: What Stablecoin Expansion Means for DeFi Users appeared first on 99Bitcoins.





Source link

Share76Tweet47

Related Posts

Swiss Bitcoin Pay Shuts Down Servers After Data Breach

Swiss Bitcoin Pay Shuts Down Servers After Data Breach

by Moussa
September 14, 2026
0

Another day, another data breach.  Swiss Bitcoin Pay, a non-custodial bitcoin payment processor, said that it had to temporarily shut...

UAE Taps Avalanche to Secure Digital Identity for 12.5M People

UAE Taps Avalanche to Secure Digital Identity for 12.5M People

by Moussa
September 14, 2026
0

Key TakeawaysUAE migrated its UAEPASS digital vault to Avalanche’s L1, ensuring reliable performance for 12.5M users.The dedicated L1 handles only...

August CPI Puts Fed Policy in Focus as Hike Odds Reach 90%

August CPI Puts Fed Policy in Focus as Hike Odds Reach 90%

by Moussa
September 14, 2026
0

Markets were betting on a 90% chance of a Federal Reserve rate hike at Wednesday’s policy meeting, according to CME...

KuCoin Spotlight Returns With a Gno.land (GNOT) Pre-Listing Subscription, Featuring Pro-Rata Allocation, KCS Holder Benefits and Conditional Buyback Mechanism

KuCoin Spotlight Returns With a Gno.land (GNOT) Pre-Listing Subscription, Featuring Pro-Rata Allocation, KCS Holder Benefits and Conditional Buyback Mechanism

by Moussa
September 14, 2026
0

KuCoin Spotlight returns with a pre-listing subscription for 7,751,938 GNOT at a subscription price of $0.0645 per token. The oversubscription...

Strive (ASST) Holds 19,864 BTC With No New Purchases Last Week, Balance Sheet Hits $141.7M Cash

Strive Snaps Up More Bitcoin, Brings Holdings To 25,000 BTC

by Moussa
September 14, 2026
0

Nasdaq-listed bitcoin treasury Strive now holds 25,000 BTC — worth nearly $2 billion — following its latest buy.  The company...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News