Celo is an EVM-compatible blockchain network that focuses on mobile platforms. It is targeting a huge market since billions of people have smartphones today. San Francisco â?? August 10, 2021 â?? CARE USA, a leading humanitarian organization fighting global poverty, today announced that it has selected Celo, an open-source blockchain ecosystem focused on making decentralized financial DeFi systems and tools accessible to anyone with a smartphone, and Emerging Impact, a financial services technology firm building inclusive fintech products for emerging markets, to leverage the benefits of blockchain technology for the first time in its program in Latin America. Celo price jumped on Monday after the developers announced that it was moving to Ethereumâ??s network. It is doing that using Optimism stack, a leading layer-2 network in the blockchain industry. In a statement, cLabs said: