Tether Launches USA₮ Stablecoin on Celo Blockchain with Gas Fee Support
Tether's US dollar-pegged stablecoin USA₮ has launched on Celo blockchain, marking its second native deployment after Ethereum. This integration enables users to pay for transactions directly in USA₮, eliminating the need for Celo's native token as gas.
Celo's focus on mobile-first financial applications has driven significant adoption of USD₮ transfers across blockchains, with weekly active users growing by 67% in Q2 2026. The launch of USA₮ on Celo aligns with the network's mission to build programmable financial rails for emerging markets.
Tether's CEO Bo Hines stated that expanding USA₮ to Celo was deliberate, citing the network's scale and alignment with USA₮'s goals. This integration is expected to enhance stablecoin adoption within Celo's ecosystem, which currently accounts for 28% of all USD₮ transfers across blockchains.