Celo is a mobile-first blockchain payments platform that allows anyone with a smartphone to access cryptocurrency and financial services. Celo intends to create decentralized finance instruments that do not necessitate the technical expertise required by many of today’s leading applications. Celo is a fork of the Ethereum blockchain launched by Silicon Valley startup cLabs that is specialized in creating and distributing a suite of stablecoins backed by fiat currencies, specific localities, and even natural resources. Celo is governed by the owners of the company’s native asset, CELO.