Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. Celo is supported by a mission-aligned network of technologists, international NGOs, and organizations committed to building an inclusive financial system. cUSD (Celo Dollars) are a stable asset that follows the US Dollar. According to Celo, with cUSD you can share money faster, cheaper, and more easily on your mobile device. cUSD was launched through a community governance proposal in June 2020.