Celo has expanded its partnership with Ledger by bringing one of the network’s most practical features to the hardware wallet provider’s global user base.
Ledger now supports Celo’s fee abstraction through the CIP-64 upgrade, allowing users to pay blockchain transaction fees with a range of supported Celo-native assets instead of relying only on the CELO token.
This addition complements the Ledger Live update of December 2025, where users were able to make payments and exchanges involving CELO and Celo stablecoins.
Source: X
This time round, Ledger’s more than 8 million users spread across 200+ countries will be able to conclude their transactions in any of 18 selected currencies as gas fees.
The accepted currencies are Tether USD₮, USDC, Wrapped Ether (WETH), and various fiat-based cryptocurrencies by Mento Labs.
This list includes the euro, British pound, Japanese yen, Canadian dollar, Australian dollar, Nigerian naira, Kenyan shilling, and South African rand, among others.
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Stablecoin Gas Payments Simplify User Experience
CIP-64 was introduced initially in the Celo Gingerbread hard fork in July 2023. With the help of CIP-64, the approved ERC-20 tokens can be used as the source of payment for the transaction fees.
This method is currently prevalent throughout the network. According to Celo, almost half of the transaction volume is now done through stablecoins denominated in US dollars rather than the CELO token.
From a payments perspective, this means that it is easier for people to use money they understand without having to deal with blockchain gas costs. This integration will ensure it becomes easier for Ledger users to jumpstart with Celo payments and DeFi applications.
Celo Leads Tokenized Gold Market
Celo also revealed another achievement apart from payment transactions. According to the network, 107,622 users own tokenized gold in Celo, which makes it the leading blockchain network for Tether Gold (XAUT).
Source: X
Network data indicates that there are around 118,500 owners of XAUT in seven different blockchains. The percentage share of Celo, which is 90.8% of the total, is followed by Solana, which stands at 4.5%.
Others include HyperEVM, at 1.9%; Arbitrum One, at 1.8%; Plasma, at 0.6%; Monad, at 0.3%; and Ink, at 0.1%. The reason for the dominant position of Celo is that it has an expanding ecosystem with a variety of applications such as MiniPay, Squid Router, Uniswap, Featherlend, Morpho, and TheoriqAI.
What Comes Next?
Beyond being a platform for cryptocurrency transactions, Celo is venturing into actual financial instruments. This would be enabled by easier stablecoin transaction gas costs and its pioneering role in tokenized gold.
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This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
