
USD Coin - Celer (CEUSDC)
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About USD Coin - Celer
USD Coin – Celer (CEUSDC) is a blockchain interoperability protocol allowing seamless access to tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains. With the Celer Inter-chain Message SDK, developers can create inter-chain-native dApps that benefit from efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps experience the simplicity of a single-transaction user experience within a diverse multi-blockchain ecosystem.
The Celer State Guardian Network (SGN) is the message router between blockchains. As a Proof-of-Stake (PoS) blockchain built on Tendermint, SGN requires validator nodes to stake CELR tokens to participate in the consensus process. By staking CELR, users help secure the Celer network and capture its value. The fees paid to the SGN for message routing and multi-signature attestation services are distributed to CELR stakers and validators in addition to block rewards.
Celer cBridge is a decentralized asset bridge that facilitates instant transfers of over 150 tokens across 40+ blockchains and layer-2 rollups. Powered by the Celer Inter-chain Message Framework, cBridge has processed billions of dollars in cross-chain asset transfers for hundreds of thousands of users. With its non-custodial approach, cBridge ensures the security of assets during the transfer process. As it continues to expand onto new blockchains and layer-2 solutions, cBridge aims to enhance accessibility and liquidity across the decentralized finance ecosystem.
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