Celo enters into partnership with Tether
Celo has entered into a partnership with Tether, a leading stablecoin provider. As part of this agreement, Tether plans to deploy its own USDT token on the Celo network. Celo is an EVM-compatible mobile blockchain network designed for real-world applications.
More detailed information can be found in the official CELO tweet
Celo was designed to create a new universe of financial solutions available to mobile users and create a global financial ecosystem where a user can join the ecosystem using just a mobile number.