Cryptocurrency Q&A Is Celo the same as cGLD?

Is Celo the same as cGLD?

Paolo Paolo Mon Aug 19 2024 | 7 answers 2047
Are you asking if Celo and cGLD are one and the same? While they both operate within the cryptocurrency ecosystem, they are actually quite distinct. Celo is a blockchain platform designed to facilitate peer-to-peer transactions in a secure and scalable manner, while cGLD is a stablecoin, backed by gold, that operates on the Celo network. In short, Celo is the infrastructure and cGLD is a financial instrument that utilizes that infrastructure. Is there anything else you'd like to know about the relationship between Celo and cGLD? Is Celo the same as cGLD?

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