# Flash Talk by Michael Kwan - DeFi Lead + Strategic Initiative Partner, Celo Foundation

- Channel: [Stable Summit](https://streameth.org/stable_summit)
- Date: 2025-12-09
- Duration: 06:23
- Watch: https://streameth.org/watch/yt-8hc5P7iVS60
- YouTube: https://www.youtube.com/watch?v=8hc5P7iVS60

## Description

Michael from the Celo Foundation breaks down how Stabila built deep stablecoin-to-stablecoin liquidity, onboarded 25+ native stablecoins, and helped push Celo to over 770K daily active users. He explains how incentives, FX liquidity, Opera MiniPay, and EY’s L3 payments layer accelerate real-world stablecoin usage. The roadmap brings perps, prediction markets, lending loops, and emerging-market FX pairs, fueling Celo’s rapidly growing DeFi flywheel.

Speakers:
Michael Kwan : Celo Foundation DeFi Lead + Strategic Initiative Partner, Celo Foundation