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Celo Approves Governance Proposal To Enable USDT As Gas Fee Token
According to Foresight News, Celo has unanimously approved a governance proposal to enable Tether (USDT) as a gas fee token. This move will allow users to pay gas fees using USDT, eliminating the need to hold the network's native token for transactions.
In a previous report by Foresight News, it was revealed that Tether has already deployed native USDT on the Celo mainnet. This development is expected to enhance the flexibility and convenience of transactions on the Celo network, as users will now have the option to pay gas fees with USDT. The unanimous approval of this governance proposal indicates a positive reception from the Celo community and could potentially lead to increased usage and adoption of the network.
In a previous report by Foresight News, it was revealed that Tether has already deployed native USDT on the Celo mainnet. This development is expected to enhance the flexibility and convenience of transactions on the Celo network, as users will now have the option to pay gas fees with USDT. The unanimous approval of this governance proposal indicates a positive reception from the Celo community and could potentially lead to increased usage and adoption of the network.
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