Description: Next-generation stable coin, Celo, strengthens its position with its new partnership with PayU. The cryptocurrency is a mobile-first utility token for faster transactions and improved transparency. Learn more at https://celolaser.com
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 markets.
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 technology. The goal is to overcome the volatility challenges of other cryptocurrencies by offering better transparency, reduced transaction times, and near- instant trading.
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.
