Tether Expands USAT Stablecoin to Celo Network

Tether has launched its USAT stablecoin on Celo, marking the first time it's been available beyond Ethereum.

The network was chosen because of its existing user base and heavy use of stablecoins, with over 50% of gas payments already made using dollar-pegged tokens.

Celo has seen significant growth in the second quarter of 2026, with a 67% increase in users and hundreds of thousands transacting on the network each day.

The launch allows USAT to be used for fee payments, as it can act as a gas currency through Celo's fee abstraction system.