Gm! 🌞 Despite the frigid temperatures in our Berlin and New York community centers, the Celo ecosystem is heating up!

Today, the Celo Foundation announced an exciting partnership with stablecoin issuer Circle to launch USDC natively on Celo. Not only will this allow Celo-based projects to utilize this stablecoin for savings, lending, cross-border payments, and more, but USDC may even join the wide array of ERC-20 gas currencies––after it’s brought forward as a governance proposal by cLabs, that is. 

Last week, the growing RWA ecosystem on Celo gained a new member too: onchain finance platform Centrifuge. With over $500 million of total assets financed, Centrifuge’s focus is tokenizing assets like Treasury bills and carbon credits. Check the Q&A below to learn more about Centrifuge’s CEO and Co-Founder Lucas Vogelsang, and stay tuned for pools launching very soon… 👀 

ICYMI, Optimism co-founder Ben Jones and OP Labs CEO Karl Floersch joined host Marek Olszewski for episode 7 of L2 Unplugged earlier this month! Ben and Karl discussed the OP Stack, public goods funding, zero-knowledge proofs, and more. Additionally, Celo Foundation Presidentr Rene Reinsberg recently went on David Nage’s Base Layer Podcast to discuss Celo’s carbon-negative approach and MiniPay’s 1M+ users throughout Africa. Be sure to listen to both episodes! 

Last but certainly not least, crypto data platform Messari released its State of Celo report for Q4 2023. Since the quarter prior, Celo’s daily active addresses increased 104%, average daily transactions raised 122%, and total staked USD was up nearly 70%! 

Keep reading to learn more about what else the community has been up to ⬇️ 

 
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Tweet of the Week  🙌

 
CP_Circle_Tweet
 

The Celo Foundation is excited to welcome Circle to the ecosystem!

 
 
 
 
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Founder Spotlight  bulb

 
LucasVogelsang
 

Lucas Vogelsang, CEO & Co-Founder, Centrifuge

What inspired you to start your project?

The first time I really started thinking about crypto was around 2017. I was interested in how the internet is so efficient in many areas, and yet so inefficient when it comes to finance. That was the inspiration to start Centrifuge: we wanted to level the playing field for businesses of all sizes to access capital in a fair, efficient way. Banks have built a system that works for them; Centrifuge and DeFi are working to build a system that works for everyone.

What has been your biggest challenge as a founder, and how did you overcome it?

We started Centrifuge with a bold vision to use blockchain for financial assets, which no one else was building for at the time. I think being the first to do RWAs was sometimes a little lonely, but we were steadfast in our belief and it's made us stronger and more nimble as a result. All the hard work is paying off and I’m excited for the traction we’ve built.

What is your favorite place to visit?

I live in the mountains, so when I travel I enjoy wide open deserts. I find deserts to be extreme and so different from my usual environment, which is very stimulating. I’ve enjoyed these beautiful and empty landscapes all around the world, from Utah and Northern Africa to Peru and Bolivia.

How do you handle and adapt to changes in the market as a founder?

It's important to surround yourself with people who have differing perspectives, and who aren't afraid to share them. In our field, we're literally doing things that have never been done or created before. We have to be open to the idea that we can do them better.

What are the top priorities for Centrifuge in the coming year?

On the investor side, we will continue to grow our Centrifuge Prime offering, enabling a seamless onboarding experience for RWAs to DAOs and other onchain lenders. On the issuer side, we’re focused on bringing the best assets onchain, from private credit to treasuries and carbon credits. We’re excited about our recent launch on Celo and the collaborative efforts our teams are driving to bring new assets and TVL to the network. Finally, we’ll continue to champion the real-world asset industry, expanding the RWA Summit globally and growing the Tokenized Asset Coalition.

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Upcoming Events  ff4

 
AfricaTechSummit
 

Africa Tech Summit

Nairobi, Kenya

The Africa Tech Summit is coming back on Feb. 14 and 15 for another year of fintech, startup, investor, and crypto conversations. If you’re in Nairobi for the event, meet us at Booth 77!

 
ETHDenver
 

ETHDenver

Denver, Colorado

ETHDenver is approaching in less than a month! Be sure to submit your application to attend the conference from Feb. 23 to March 3.

 
 
 
 
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