Celo Dollars, or cUSD, is a stable cryptocurrency whose value tracks that of the US Dollar. cUSD was built for accessibility and ease of use, so users can easily pay, save and send with cUSD to anyone with a phone number, worldwide.
Since 1cUSD = 1USD, saving in cUSD protects your savings and income against local currency depreciation and inflation.
cUSD transactions are fast and the fees are near zero regardless of the amount of money being sent. This saves you both time and costs in both internal payments and cross-border payments.
cUSD is very accessible and has a very low barrier to entry or exit. You can quickly and easily convert your crypto to cash and vice versa. You can deposit and withdraw with Mobile money or Bank transfer Anytime.