Industry Newsstablecoinsmobile paymentscelo
Celo Expands Mobile Payments For Emerging Markets
5.1
Marek Olszewski, CEO and co-founder of cLabs, outlines Celo’s push to simplify crypto payments for emerging markets by using phone-number identifiers, native stablecoin gas payments, and Opera Mini’s Minipay integration. He cites about 700,000 daily active users, Minipay being roughly 40% cheaper than MoneyGram, and weekly peaks surpassing Tron’s 3.3 million, positioning Celo for low-cost P2P and on-chain FX.
Key Points
- 1Reports 700,000 daily active users and Minipay integration with Opera Mini driving mass onboarding
- 2Highlights stablecoins and native gas payments reduce fees, making transactions cheaper than some blockchains
- 3Enables developers and fintechs to build low-cost P2P payments and on-chain FX for emerging markets
Scoring Rationale
Direct CEO sourcing and measurable adoption metrics, but modest novelty and limited relevance to core AI/ML/data-science audiences.
Sources
Public references used for this report.
Practice with real Payments data
90 SQL & Python problems · 15 industry datasets
Used by DS/ML engineers at top companies
250 free problems · No credit card
See all Payments problems
