cUSD, cEUR, cREAL now available 🪙
First integration of Celo via stablecoin partnership with Prezenti
In collaboration with Prezenti, we’ve added not one but three new stablecoins to Quidli — cUSD, cEUR, and cREAL tokens. Users can now share these Celo blockchain-based tokens as rewards and incentives directly from your browsers, email, Slacks, and Discords via Quidli.
About cUSD, cEUR, cREAL
cUSD, cEUR and cREAL are respectively USD, EUR and Brazilian REAL pegged stablecoins on the Celo blockchain.
Celo is a mobile-first, EVM-compatible blockchain that is carbon-negative. Because of its ecosystem’s strong focus on decentralized payments, Celo was one of the first blockchain organizations to directly launch their own line of stablecoins. And with very low transaction fees (average $0.0005) and block times (~5 seconds), Celo has already seen over 25 million on-chain transactions since launching in 2020.
About Prezenti
Prezenti is a community-run grant fund working in parallel with Celo to support ecosystem growth, specifically around education, research and community tools.
By providing a platform to pitch innovative ideas and connect with potential funders, Prezenti is revolutionizing the way grants are distributed and accelerating the growth of groundbreaking projects on the Celo network — builders can unlock the resources they need to turn their aspirations into fully operational initiatives.
Celo stablecoins on Quidli
Stablecoins, mainly USDC and BUSD, have long been a user favorite for sharing as micro rewards on Quidli. But given the significant depeggings experienced by both USDC and BUSD following the recent shutdowns by Silvergate and Signature banks, we believe it’s critical to expand the stablecoin offerings we make available.
Accordingly, we’re very pleased to partner with Prezenti on this timely initial light integration to the Celo network with cUSD, cEUR and cREAL. We look forward to deepening our connections within the Celo ecosystem and are eager to support the community and its many projects and initiatives with their token reward workflow needs.
Deploy your own token on Quidli
Our main objective at Quidli is to build more bridges between Web 2.0 apps and web3 assets. If you’re a token organization or DAO interested in having your token integrated with Quidli, please get in touch by filling our open request form.
Want to embed crypto rewards into your organization’s Slack and Discord workflows? Create your Quidli account and get started now!
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