Paolo
Mon Aug 19 2024
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7 answers
2047
Is Celo the same as cGLD?
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?
