Tether Expands USDT to Celo: What Stablecoin Expansion Means for DeFi Users [Yahoo! Finance]
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Source: Yahoo! Finance
Ethereum layer-2 network with 14 million Opera MiniPay wallet users already transacting across 66+ countries. That's not a minor technical footnote. It's a direct pipeline from regulated dollar infrastructure into one of the most active real-world stablecoin ecosystems on-chain today. Tether announced the expansion on March 31, 2026, with Google Cloud providing infrastructure support and Celo governance set to vote on enabling USAT as the network's native gas currency. Celo already hosts 4.23 million weekly active USDT users – so USAT isn't arriving to an empty room. What Does USAT on Celo Actually Mean for DeFi Fees and Liquidity? Start with the basics. Ethereum mainnet – the original blockchain where USAT launched in January 2026 – is powerful but expensive. During busy periods, a single token transfer can cost $5–$30 in gas fees. For someone sending $50 to a family member overseas, that's simply not viable. Celo is built differently. It's an Ethereum layer-2 although that
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