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Wormhole Now powers celo-native USDT Transfers

Twitter icon  •  Published 1 month ago on October 25, 2024  •  Hassan Maishera

On Thursday, the Wormhole team announced via X that native USDT transfers are now live on Celo, powered by Wormhole.

Wormhole Now powers celo-native USDT Transfers

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.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.