Tether has announced the expansion of USAT, a regulated U.S. dollar stablecoin issued by Anchorage Digital, to the Celo blockchain marking the first time the digital asset has been deployed beyond Ethereum mainnet. Celo operates as an Ethereum layer-2 scaling network, and Google Cloud will provide infrastructure support for the rollout. USAT launched on Ethereum in January and is now broadening its reach to tap into Celos growing mobile-first ecosystem. Opera MiniPay, which runs on the Celo network, already serves 14 million wallet users worldwide, giving USAT immediate access to a large…
Source:: USAT Stablecoin Expands to Celo Blockchain in First Layer-2 Deployment