We’re very excited to announce that Celo and Ramp have partnered up to provide a limited-time, ZERO-fee* fiat on-ramping access for the trio of Celo assets - cUSD, cEUR, and CELO!
We found a natural partner in Celo, whose mission is to provide freer financial access to the world by creating stable assets that acknowledge no national borders.
“The Celo team is excited that Ramp users will now be able to access all Celo assets including the Celo carbon-neutral stable coins. cUSD and cEUR are a low-cost, fast, Ethereum compatible way to transfer value around the world.”
Already, applications like PayU and DuniPay have helped users in Latin America and Africa conduct payment transfers with negligible fees. DeFi platforms and partners of Celo, Ubeswap, and Moola Market have allowed users, for the first time in their lives, access to financial products in a simple and easy-to-understand interface.
Celo is a mobile-first, open-source ecosystem of technologies, organizations and individuals that all share a common mission of building a financial system that creates the conditions for prosperity for everyone. The Celo ecosystem includes a decentralized, proof-of-stake blockchain technology stack (Celo Platform), a native asset (CELO), stablecoins (cUSD, cEUR), and the Celo Alliance for Prosperity, with over 150 organizations around the world, including Deutsche Telekom, PayU, Opera, Andreessen Horowitz, Anchorage, Coinbase, GSMA, Grameen Foundation, Prosegur, Abra, and cLabs, a service organization dedicated to growing and developing the Celo ecosystem.
For more information, please visit: https://celo.org/
Ramp is one of the very first registered crypto-asset businesses in the UK as well as the first crypto firm to receive an Open Banking registration in the European Union. Ramp builds legally compliant infrastructure that connects traditional banking infrastructure to the decentralized blockchain future.
*Ramp will not charge users a fee for the duration of 6 months or the first 3.2 - 20 million USD, in transacted volume depending on payment options, whichever is reached sooner. Your banking institution’s transaction fees may still apply.