CELO

Lisk

2026-08-26 08:58:46

Lisk Chain to shut down on Oct. 31 as Lisk offers optional migration path to Celo

Lisk said it is changing course and will focus on building a modern treasury operations platform for finance teams. As part of that shift, the Ethereum layer-2 network’s Lisk Chain will officially shut down on Oct. 31, though the network will continue operating normally until that date. Lisk also said projects currently deployed on the chain can choose to migrate to Celo through an available transition path. The company stressed that the move is optional rather than mandatory, leaving each team to decide based on its own product needs, user base, and technical considerations. The update was disclosed in a post published by Lisk on X.

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Lisk

2026-08-25 15:59:37

Lisk to shut down Lisk Chain and wind down DAO as it pivots to a corporate treasury platform

Lisk said it is abandoning its legacy blockchain-focused structure and repositioning itself as a modern treasury operations platform for corporate finance teams. Founder Max Kordek announced on Aug. 25 that the company will focus on accounts, payments and approval workflows, targeting businesses that operate across multiple entities and jurisdictions while using both fiat and stablecoins. Eligible companies already have access to an Early Access version of the platform. The company said the product currently supports unified management of bank and stablecoin accounts, bank transfers, stablecoin payments and collections, and role-based payment approvals. It also plans to expand into corporate cards, non-custodial treasury management and payroll integrations. As part of the shift, Lisk Chain will shut down on Oct. 31, 2026. Lisk said it has worked with the Celo team to provide a migration path for onchain dApps, developers and projects. It also proposed winding down Lisk DAO, including burning 100 million LSK from the DAO treasury, cutting total supply from 400 million to 300 million, removing staking penalties and gradually shutting governance infrastructure. LSK will be repositioned as a loyalty token for the new platform, with future use in rewards and fee payments.

1050

Lisk

2026-08-25 12:50:09

Lisk plans to shut down its decade-old blockchain as DAO proposal seeks to burn 100 million LSK

Lisk said it will shut down the blockchain it has operated for the past 10 years and shift toward a business finance platform. A proposal posted on the Lisk governance forum says the Lisk DAO will vote on whether to burn 100 million LSK tokens, equal to 25% of total supply, and dissolve the DAO itself. Token holders have until Oct. 31 to bridge assets from the Lisk chain to Ethereum. The project also said dApps and developers building on Lisk can move to the Celo network. LSK has fallen from its all-time high of $34.92 in January 2018 to about $0.09, a drop of more than 99%. Binance placed LSK under its monitoring tag in July 2026, warning of delisting risk.

1070

Tether

2026-07-29 14:13:57

Tether’s compliant stablecoin USAT goes live on Celo mainnet

Tether’s compliant stablecoin USA₮ (USAT) has officially launched on the Celo mainnet, according to The Block. The move marks the token’s second mainnet deployment after Ethereum. Issued by Anchorage Digital Bank, USAT can be natively minted and redeemed on Celo. It can also be used to pay onchain gas fees through Celo’s fee abstraction mechanism. USAT first launched in January this year and currently has a market capitalization of about $185 million. The rollout extends the token’s availability beyond Ethereum while adding native functionality on Celo for issuance, redemption, and gas payments.

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Ledger

2026-07-13 16:15:49

Ledger Live adds Celo CIP-64 support for gas payments in 18 assets

Ledger said it has expanded support for Celo by integrating Celo’s CIP-64 fee abstraction feature into Ledger Live. With the update, users can pay onchain gas fees with 18 Celo-native assets instead of relying only on CELO. The supported assets are USDT, USDC, USDm, EURm, GBPm, JPYm, CADm, AUDm, CHFm, BRLm, NGNm, PHPm, COPm, KESm, ZARm, XOFm, GHSm and WETH. Celo introduced CIP-64 in the Gingerbread hard fork in July 2023, allowing approved ERC-20 tokens to be used directly for transaction fees. According to official disclosure, nearly half of transactions on Celo are now settling fees with dollar stablecoins rather than CELO. Ledger had previously added support in Ledger Live in December 2025 for sending, receiving and swapping CELO and Celo-native stablecoins.

1910

USA₮

2026-07-10 17:00:13

USA₮ Stablecoin Expands Beyond Ethereum to Celo, Partners with Google Cloud for Innovative Distribution

USA₮, the compliant digital dollar issued by Anchorage Digital Bank, has expanded to the Celo network, marking its first move beyond Ethereum. It also launched a faucet on mainnet in collaboration with Self and Google Cloud, using privacy-preserving human authentication to ensure compliant distribution.

490

Celo

2026-07-09 01:10:13

Celo Proposes Transfer of 160M CELO to Opera to Cement Long-Term Stakeholder Role

Celo Core Co. has proposed transferring 160 million CELO (approx. $12.3M) to Opera, converting the partnership from grant-based funding to a three-year strategic stake. Opera's Minipay wallet, with 13M+ activated wallets across 60+ countries, has been a key driver. Voting power is capped at 10% of staked CELO.

340

Celo

2026-07-09 01:08:14

Celo Proposes Transferring 160M CELO to Opera for Long-Term Strategic Partnership

Celo Core Co. proposes a one-time transfer of 160 million CELO (≈$12.3M) to Opera, replacing quarterly grants with a three-year strategic stake. Opera’s voting power capped at 10% to ensure balanced governance.

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