On Tuesday, the Celo Foundation announced via X that Loop Crypto is now available on Celo, supporting cryptocurrency payments. Loop Crypto simplifies onchain payments by allowing payment providers to integrate crypto and stablecoin transactions into their existing invoicing or billing systems without any added complexity.
Loop’s flexible APIs will allow for various payment applications that will reinforce Celo’s position as a leading option for commerce in emerging markets and cross-border transactions.
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 4.5% in the last 24 hours and currently trades at $0.263.