Ledger has deepened its integration with the Celo network by adding support for CIP-64 fee abstraction. This means users can now pay transaction fees using various Celo-native assets, instead of being limited to the $CELO token. The move builds on Ledger Live’s December 2025 update, which had already allowed users to trade $CELO and Celo stablecoins.
With this latest expansion, Ledger’s base of over 8 million users across more than 200 countries can settle gas fees in any of 18 supported tokens. Options include Tether USD₮, USDC, Wrapped Ether (WETH), and several fiat-referenced stablecoins from Mento Labs. Accepted fiat-backed tokens cover currencies like the euro, British pound, Japanese yen, Canadian dollar, Australian dollar, Nigerian naira, Kenyan shilling, and South African rand. That’s a lot more flexibility than before.
Stablecoins gain ground over $CELO for transactions
CIP-64 was launched in July 2023 during the Gingerbread hard fork. It lets users pay transaction fees with selected stablecoins and other ERC-20 tokens. Since then, the approach has become widely used on Celo. The network reports that nearly half of all transaction volume now uses US dollar-denominated stablecoins, rather than the native $CELO token. Allowing users to handle fees with familiar currencies seems to lower barriers and could streamline blockchain payments and DeFi apps. The Ledger integration might further simplify onboarding for people interested in Celo’s payment and DeFi options.
Celo dominates tokenized gold market
Beyond regular transactions, Celo is also big in tokenized gold. According to network data, 107,622 users on Celo hold Tether Gold (XAUT). That’s about 90.8% of all XAUT holders across seven blockchain networks, which total around 118,500. After Celo, Solana has 4.5%, and other platforms like HyperEVM, Arbitrum One, Plasma, Monad, and Ink trail behind. Celo credits its lead to a growing ecosystem that includes apps such as MiniPay, Squid Router, Uniswap, Featherlend, Morpho, and TheoriqAI. These are driving adoption of real-world asset tokenization.
Celo is a mobile-first blockchain focused on making decentralized financial services accessible to anyone with a smartphone. By simplifying stablecoin-based gas payments and leading tokenized gold, Celo seems to be pushing into new areas beyond digital payments. Its expanding ecosystem and diverse payment options suggest a strategy to become a key platform for practical blockchain financial tools.
