Faster Payment Cryptocurrency Transactions
Now Available With New Stable Coin
We believe that
cryptocurrency is the future of
trading, and have made it
easier for you to use,
especially with your phone.
That’s why we’re excited to
announce that the team at Celo
has recently integrated with
PayU, one of the largest
payment providers for emerging
The first purchase of its kind, the
alliance allows this stable coin,
cUSD, to be traded and
accepted as payment by over
450,000 merchants and retailers
across the globe.
In the attempt for mass adoption,
they have taken every effort to
simplify the processes so that you,
whether you're a beginner investor
or an experienced trader, can use
this digital token with ease.
According to the latest financial
data, many people are still wary
of cryptocurrency, citing a lack of
knowledge as the biggest reason
why they do not invest in it.
Bitcoin and Ethereum, the two most
traded cryptocurrencies, are still
considered to be high-risk
investments, with little assurance of
their adaptability amid the
fluctuating financial market.
Celo addresses these
issues by being a next-
generation stable coin
powered by blockchain
The goal is to overcome the
volatility challenges of other
cryptocurrencies by offering
better transparency, reduced
transaction times, and near-
Their first stable coin, the Celo
Dollar (cUSD), was launched in
June 2020 and enables you to
send and receive money from a
mobile phone without a tied bank
account for a minimal fee.
Disclaimer: This information
does not constitute
investment advice or any
other kind of advice.
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