Celo is a blockchain that makes it easy for anyone with a smartphone to send, receive and store stablecoins within its ecosystem.

Stablecoins are cryptocurrencies that are designed to maintain a pre-defined price value and function like money. They can be bonded to a currency, commodity or algorithm to ensure stability.

Blockchain is the technology behind most cryptocurrencies. Simplified, it consists of a list of transactions that anyone can view and verify. Blockchain technology allows secure, fast and inexpensive payments to anyone, anywhere in the world. Without the need of a middleman like a bank.