Tether’s USD₮ stablecoin has achieved a new all-time high in usage on the Celo blockchain, reaching approximately 4.23 million weekly users. This milestone highlightsTether’s USD₮ stablecoin has achieved a new all-time high in usage on the Celo blockchain, reaching approximately 4.23 million weekly users. This milestone highlights

USD₮ Usage on Celo Reaches Record Levels as Adoption Accelerates

2026/02/10 15:30
3 min read

Tether’s USD₮ stablecoin has achieved a new all-time high in usage on the Celo blockchain, reaching approximately 4.23 million weekly users. This milestone highlights the growing role of USD₮ within Celo’s ecosystem, where it is increasingly used across decentralized finance platforms, consumer-facing applications such as MiniPay, and even for gas payments that enable smoother and more accessible transactions.

Recent updates shared by the Celo team indicate that the past week marked the highest level of engagement ever recorded for USD₮ on the network. Users interacted with the stablecoin across a broad range of applications, underscoring its expanding utility beyond simple transfers. The surge in activity reflects how stablecoins are becoming foundational tools for everyday blockchain usage, particularly in ecosystems designed for low-cost and high-accessibility transactions.

Celo Emerges as a Fast-Growing Network for USD₮

The rapid rise in USD₮ usage positions Celo as one of the fastest-growing blockchains for this stablecoin. The integration has contributed to unprecedented growth across the broader Celo ecosystem, signaling strong real-world adoption rather than purely speculative activity. By enabling USD₮ to be used for gas payments, Celo has reduced friction for users, allowing them to transact without holding separate native assets for fees.

This design choice has helped streamline the user experience, particularly for individuals in regions where access to traditional banking services may be limited. Low transaction costs and simplified onboarding have made USD₮ on Celo an attractive option for everyday payments, remittances, and decentralized finance participation. As a result, the stablecoin has become deeply embedded in the network’s operational flow.

Implications for On-Chain Activity and Liquidity

The reported 4.23 million weekly users represent a significant increase in on-chain activity, suggesting higher transaction throughput and broader engagement across decentralized applications. Such metrics are often viewed as indicators of network health, as they demonstrate consistent usage rather than short-term spikes. For the Celo blockchain, this level of participation highlights its ability to support large user bases while maintaining efficiency.

Increased stablecoin usage can also have secondary effects on liquidity within the ecosystem. As USD₮ becomes more widely used in DeFi protocols and payment applications, it can support deeper liquidity pools and more active trading pairs involving the CELO token. Greater liquidity typically enhances price discovery and can contribute to more stable market conditions over time.

The expansion of USD₮ on Celo reflects a wider trend in the cryptocurrency market, where stablecoins are increasingly used as infrastructure for payments and decentralized services rather than solely as trading instruments. Compared with some Ethereum-based stablecoin deployments, Celo’s growth stands out due to its focus on mobile-first solutions and emerging markets.

This adoption trajectory suggests that practical use cases, such as everyday payments and low-cost transfers, are becoming key drivers of blockchain growth. As stablecoins like USD₮ gain traction in these contexts, networks that prioritize usability and affordability may continue to attract new users at scale.

Outlook for the Celo Ecosystem

The record-breaking usage of USD₮ marks an important phase in Celo’s development. By combining stablecoin-based gas payments, consumer-friendly applications, and DeFi integrations, the network is reinforcing its position as a practical blockchain for real-world activity. Continued growth in stablecoin adoption could further strengthen Celo’s ecosystem, encouraging additional developers and users to participate.

Overall, the latest figures illustrate how stablecoin integration can accelerate blockchain adoption when aligned with user-centric design. As USD₮ continues to see rising engagement on Celo, the network’s trajectory points toward sustained activity and a growing role in the evolving digital asset landscape.

The post USD₮ Usage on Celo Reaches Record Levels as Adoption Accelerates appeared first on CoinTrust.

Market Opportunity
CELO Logo
CELO Price(CELO)
$0.08353
$0.08353$0.08353
+2.74%
USD
CELO (CELO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto Shows Mixed Reaction To Rate Cuts and Powell’s Speech

Crypto Shows Mixed Reaction To Rate Cuts and Powell’s Speech

The post Crypto Shows Mixed Reaction To Rate Cuts and Powell’s Speech appeared on BitcoinEthereumNews.com. Jerome Powell gave a speech justifying the Fed’s decision to push one rate cut today. Even though a cut took place as predicted, most leading cryptoassets began falling after a momentary price boost. Additionally, Powell directly addressed President Trump’s attempts to influence Fed policy, claiming that it didn’t impact today’s decisions. In previous speeches, he skirted around this elephant in the room. Sponsored Sponsored Powell’s FOMC Speech The FOMC just announced its decision to cut US interest rates, a highly-telegraphed move with substantial market implications. Jerome Powell, Chair of the Federal Reserve, gave a speech to help explain this moderate decision. In his speech, Powell discussed several negative economic factors in the US right now, including dour Jobs Reports and inflation concerns. These contribute to a degree of fiscal uncertainty which led Powell to stick with his conservative instincts, leaving tools available for future action. “At today’s meeting, the Committee decided to lower the target range…by a quarter percentage point… and to continue reducing the size of our balance sheet. Changes to government policies continue to evolve, and their impacts on the economy remain uncertain,” he claimed. Crypto’s Muted Response The Fed is in a delicate position, balancing the concerns of inflation and employment. This conservative approach may help explain why crypto markets did not react much to Powell’s speech: Bitcoin (BTC) Price Performance. Source: CoinGecko Sponsored Sponsored Bitcoin, alongside the other leading cryptoassets, exhibited similar movements during the rate cuts and Powell’s speech. Although there were brief price spikes immediately after the announcement, subsequent drops ate these gains. BTC, ETH, XRP, DOGE, ADA, and more all fell more than 1% since the Fed’s announcement. Breaking with Precedent However, Powell’s speech did differ from his previous statements in one key respect: he directly addressed claims that President Trump is attacking…
Share
BitcoinEthereumNews2025/09/18 09:01
Hedera (HBAR) Price Today, Chart & Market Cap | Live HBAR to USD Converter

Hedera (HBAR) Price Today, Chart & Market Cap | Live HBAR to USD Converter

Hedera (HBAR) price today is $0.092471 USD with a $3.98B market cap. Check live HBAR price charts, 24h volume, market rank, and price predictions for 2026.
Share
Blockchainmagazine2026/02/13 16:45
SEC Approves Generic Listing Standards for Faster Crypto ETF Launches

SEC Approves Generic Listing Standards for Faster Crypto ETF Launches

TLDR The SEC approved new generic listing standards for crypto ETFs, speeding up the approval process. The updated rules will reduce approval timelines from 240 days to under 75 days for crypto ETFs. Over 90 new crypto ETF applications have already been filed, targeting altcoins and multi-token baskets. The SEC’s decision is expected to lead [...] The post SEC Approves Generic Listing Standards for Faster Crypto ETF Launches appeared first on CoinCentral.
Share
Coincentral2025/09/19 02:51