# Celo: A New Hope for Stablecoins on Ethereum

- Channel: [Stable Summit](https://streameth.org/stable_summit)
- Date: 2025-12-09
- Duration: 17:01
- Watch: https://streameth.org/watch/yt-PGdZeICB7WU
- YouTube: https://www.youtube.com/watch?v=PGdZeICB7WU

## Description

Celo is rewriting the stablecoin narrative for Ethereum by focusing on real-world usage, not just TVL. In this talk, the team reveals how Celo moved from a standalone L1 to an OP stack-based Ethereum L2, with token gas payments, native USDT/USDC, fast finality, and real adoption through MiniPay’s 10M+ users.

• Speaker: Marek Olszewski, Co-Founder, Celo