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Home » Blog » What Is Cleo? (Celo) Complete Guide & Review About Celo
DEFI

What Is Cleo? (Celo) Complete Guide & Review About Celo

Cws Team
Last updated: 08/10/2025 10:21 PM
Cws Team
5 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
What Is Cleo? (Celo) Complete Guide & Review About Celo
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What Is Cleo

The Celo Foundation is a non-profit organization based in the US that supports the growth and development of the open-source Platform. Guided by the community tenets, the Foundation contributes to education, technical research, environmental health, community engagement, and ecosystem outreach—activities that support and encourage an inclusive financial system that creates the conditions for prosperity for everyone.

Contents
  • What Is Cleo
    • The Graph Key Points
    • Mobile-First Blockchain Platform
      • Global Impact
      • Solving Community Needs
      • Usability-focused tech innovations
    • Digital money powered by a two asset system
      • cUSD
      • CELO
  • The Builders Platform
      • Mobile
      • Stable
      • Usable
    • The Celo Stack
    • Global Payment
      • Disclaimer:

Cleo Cryptocurrency is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users. By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including those without banking access, to transacting in cryptocurrency.

The network also allows for the creation of smart contracts and decentralized applications (DApps) as part of decentralized finance (DeFi). Its mainnet was launched in April 2020.

The platform has two native tokens. CELO is a proof-of-stake (PoS) token used for transaction fees, governance participation and related activities. In future, the platform aims to host various stablecoins, with one, the Celo Dollar (CUSD), already in use.

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The Graph Key Points

Coin Basic Information
Coin Name Cleo Cryptocurrency
Short Name CUSD
Circulating Supply40,093,696 CUSD
Total Supply40,093,696
Source CodeClick Here To View Source Code
ExplorersClick Here To Visit
Twitter Page Click Here To Visit Twitter Group
DocumentationClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Mobile-First Blockchain Platform

Global Impact

A mobile-first approach that provides the opportunity to positively impact 5.6B smartphone owners globally.

Solving Community Needs

Supported by a mission-aligned network of technologists, international NGOs, and organizations committed to building an inclusive financial system.

Usability-focused tech innovations

Technology innovations allow Celo to truly work across devices, carriers, & countries.

Digital money powered by a two asset system

cUSD

cUSD (Celo Dollars) are a stable asset that follows the US Dollar. With cUSD, you can share money faster, cheaper, and more easily on your mobile phone.

CELO

CELO is a utility and governance asset for the Celo community, which has a fixed supply and variable value. With CELO, you can help shape the direction of the Celo Platform.

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The Builders Platform

Mobile

Hyper-efficient light client and full node incentives allowing for scalability to 6 billion smartphones. Full EVM compatibility making it easy to get started.

Stable

Growing family of native stablecoins, like Celo Dollars, which follow the value of fiat currencies. Pay transaction fees with stablecoins or your own tokens.

Usable

Users can easily send currency to any mobile number, enabled by Celo’s decentralized phone verification protocol, and get access to a growing ecosystem of global cash-in cash-out options.

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The Celo Stack

Celo is oriented around providing the simplest possible experience for end-users, who may have no familiarity with cryptocurrencies and maybe using low-cost devices with limited connectivity. To achieve this, Celo takes a full-stack approach, where each layer of the stack is designed with the end-user in mind while considering other stakeholders (e.g. operators of nodes in the network) involved in enabling the end-user experience.

Global Payment

Thousands of organizations and individuals are developing, growing, and governing Celo, an open-source platform that enables anyone to build borderless applications. Explore, build, and ship ideas for your community using Celo’s developer tools.

Disclaimer:

Not All The Websites Which Listed In Top List Are 100% Safe To Use Or Investment. We Do Not Promote Any Of Those. Due Diligence Is Your Own Responsibility. You Should Never Make An Investment In An Online Program With Money You Aren’t Prepared To Lose. Make Sure To Research The Website. So Please Take Care Of Your Investments. And Be On The Safe Site And Avoid Much Losing Online.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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