On Friday, the Celo Foundation announced via X that Relay Protocol has launched on the Celo blockchain. Relay is a low-cost, instant-bridging and cross-execution platform. The cross-chain payments system enables instant, low-cost bridging and swapping between Celo and 56 supported chains.
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 up 7% in the last 24 hours and is currently trading at $0.4135.