Expanded payment options for millions
The new functionality builds on Ledger Live’s December 2025 update, which let users transact and exchange $CELO and Celo stablecoins through the interface. Now, Ledger’s base of over 8 million people across more than 200 countries can settle gas fees with any of 18 supported tokens. These include Tether USD₃, USDC, Wrapped Ether (WETH), and a range of fiat-referenced stablecoins built by Mento Labs. Accepted fiat-backed tokens span global currencies like the euro, British pound, Japanese yen, Canadian dollar, Australian dollar, Nigerian naira, Kenyan shilling, and South African rand. It’s a big step toward broader payment flexibility in blockchain transactions.
Stablecoins take the lead over $CELO
CIP-64 launched in July 2023 during the network’s Gingerbread hard fork. It allows users to pay transaction fees with selected stablecoins and other ERC-20 tokens. This approach has seen widespread adoption across the Celo network and has shifted transaction behavior significantly. Celo reports that nearly half of all transaction volume on the network now uses stablecoins backed by US dollars, rather than native $CELO. By letting users handle fees with familiar currencies, Celo wants to lower entry barriers and make blockchain payments and DeFi applications smoother. The Ledger integration is expected to simplify onboarding too, especially for newcomers exploring Celo payments and DeFi.
Celo leads in tokenized gold
Beyond network transactions, Celo is also making waves in tokenized gold. According to network data, 107,622 users on Celo own Tether Gold (XAUT). That positions Celo as the dominant platform for tokenized gold holders. Blockchain estimates put total XAUT holders at around 118,500 across seven networks. Celo accounts for a whopping 90.8% of them. Solana comes second with just 4.5%. Other platforms with measurable XAUT users include HyperEVM (1.9%), Arbitrum One (1.8%), Plasma (0.6%), Monad (0.3%), and Ink (0.1%). Celo credits its lead to a growing ecosystem with apps like MiniPay, Squid Router, Uniswap, Featherlend, Morpho, and TheoriqAI, which together drive real-world asset tokenization.
Celo is a mobile-first blockchain aiming to make decentralized financial services accessible to anyone with a smartphone. It’s now moving beyond digital-only payments. By making stablecoin-based gas payments easier and leading in tokenized gold, Celo is seeking new real-world use cases for blockchain. Its expanding ecosystem and diverse payment options show a strategy to become a leading platform for practical financial instruments.
