Celo is a mobile-first blockchain platform designed to bring financial services to anyone with a smartphone, regardless of their location or socio-economic status. Launched in 2020 by the Celo Foundation, it aims to create a fairer financial system by leveraging the accessibility of mobile technology. The Celo ecosystem includes a range of distributed applications (dApps) dedicated to enabling various financial services, such as payment processing and DeFi solutions. Its native utility token, CELO, facilitates governance and network operations. Celo supports stablecoins, like cUSD and cEUR, which are pegged to fiat currency values, ensuring users enjoy reduced volatility. Celo’s unique address-based encryption enables users to send cryptocurrency using phone numbers, bridging the digital divide and simplifying access to digital currencies for billions around the world.