Celo Euro (cEUR) is a stablecoin pegged to the Euro, operating on the Celo blockchain, which is tailored to enhance financial inclusion and global accessibility. Launched as part of the Celo platform, cEUR is designed to leverage mobile technology, enabling fast, efficient, and low-cost transactions for users worldwide. It provides a decentralised financial ecosystem that is particularly beneficial for underbanked populations, ensuring stable value through its Euro peg, which makes it resistant to the volatility typically associated with cryptocurrencies. Celo's innovative proof-of-stake consensus mechanism underpins cEUR, promoting sustainability and energy efficiency. This stablecoin facilitates seamless cross-border transactions, remittances, and payments, forming an integral component of Celo's vision to create a mobile-first financial system that is universally accessible.