Key Takeaways
Celo marks its first anniversary as an Ethereum Layer 2 with record user activity, underpinned by a deepening strategic partnership with browser company Opera. This alliance transforms Opera into a significant network stakeholder, creating a powerful engine for distributing Celo's mobile-first stablecoin services.
- Record User Growth: On its one-year L2 anniversary, Celo reached a new high of 840,000 daily active users and registered 14 million wallets for its MiniPay service.
- Deepened Opera Partnership: A new commercial framework grants Opera 160 million CELO tokens, aligning its interests with the network's success and MiniPay's expansion across its global user base.
- Significant Stablecoin Volume: The network has processed $65.9 billion in stablecoin volume, highlighting its growing role in mobile payments and decentralized finance.
