On Thursday, the Wormhole team announced via X that native USDT transfers are now live on Celo, powered by Wormhole. Leveraging Wormhole's cross-chain functionality, users can swap and receive USDT on Celo with no liquidity fragmentation via Portal.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.268, down 4% in the last 24 hours.
Celo is an open platform that supports various distributed applications, smart contract development, and payments using e-mail addresses and phone numbers as public keys. CELO is down 3% in the last 24 hours and currently trades at $0.6741.