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Celo Dollar (CUSD) is a digital currency built on the Celo blockchain ecosystem. It aims to create a thriving new digital economy accessible to all. With its carbon-negative approach, Celo is committed to environmental sustainability. CUSD operates on an EVM-compatible blockchain, ensuring compatibility with existing decentralized applications (dApps) and smart contracts.
Celo Dollar prioritizes mobile-first accessibility, making Web3 applications available to anyone with a smartphone. Its ultralight client and low-cost, multi-currency gas fees enable lightning-fast transactions. The blockchain ecosystem is designed for scalability, allowing seamless integration and composability across systems without fragmentation or sharded chains.
Celo’s regenerative L-1 protocol offers a rich ecosystem for developers and users to explore and build upon. With Celo, payments become more accessible as multiple forms of currency can be used. Mobile DeFi capabilities empower the global community of smartphone users to participate in building on the blockchain. Celo’s mission of creating prosperity for all is supported by over 1,000 projects from 150+ countries, demonstrating the inclusivity and global relevance of the ecosystem.
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