Gate News bot message, Opera is seeking a 160 million CELO stake to become a key network stakeholder, according to CoinDesk. The move aims to establish Opera as a significant participant in the CELO network. CELO currently has a market cap of $51 million.

BlockBeats News, January 21 — Celo announced that the Celo Foundation and cLabs have officially merged into one entity, forming a unified core contribution organization tentatively named Celo Core Co. This restructuring aims to accelerate the delivery and speed of the Celo platform by 2026 and enhance synchronization with market demand. At the same time, the official said that the details regarding the CELO tokenomics upgrade (including potential buyback and burn mechanisms) will be released soon.

According to Golden Finance reports, Opera's MiniPay Wallet has launched the "Pay like a local" feature, allowing users in Argentina and Brazil to use stablecoin for settlement when shopping or enjoying services through local payment systems. This feature connects USDT balance with the two payment systems, PIX and Mercado Pago, allowing users to complete payments by scanning a QR code, while USDT is instantly converted to the local currency. MiniPay plans to expand this feature to more markets and provide a two-way exchange channel between cryptocurrency and fiat currency in Latin America and Canada through partnerships. As a product launched by the browser developer Opera, MiniPay is a

According to Gate.io News bot, TheBlock reported that the Celo Mainnet has begun executing its migration plan from Layer 1 to Ethereum Layer 2, and block production is currently paused. After the migration is complete, Celo will operate on the Ethereum Layer 2 level with native Ethereum cross-chain bridge functionality, optimizing block time from 5 seconds to 1 second. Celo announced its first batch of partners, including institutions like Aave, Fireblocks, Uniswap, and Yellowcard. Under the new architecture, the role of existing Celo validators will shift to decentralized sorters, continuing to maintain single block finality.