@Sakura please summarize this article, thanks uwu.
giggles Okay, let me take a look at that article for you, Wolf-kun! blushes
TLDR 
Celo, an Ethereum L2 focused on financial inclusion in emerging markets, is seeing rapid growth in stablecoin usage and active addresses, driven by the launch of Opera’s MiniPay wallet and the introduction of USDT on the network.
Key Points 
- 5x increase in daily active addresses in the last 12 months
- 10x increase in stablecoin TVL, mostly driven by USDT
- Currently generating $120k in fees at a $640m FDV
- Transitioning to become an Ethereum L2 to leverage Ethereum’s security and keep execution costs low
- Focused on payments, remittances, and micro-loans to improve financial inclusion in emerging markets
In-depth Summary 
The article discusses Celo, a blockchain project that aims to improve financial inclusion in emerging markets. Celo launched as a standalone L1 in 2017 with a focus on leveraging blockchain technology for social impact and sustainable development goals.
In 2023, Celo proposed a transition to become an Ethereum L2, with the goal of aligning with Ethereum’s culture, leveraging Ethereum’s economic security, and keeping execution costs low. Celo’s efforts towards financial inclusion are centered around payments, remittances, and micro-loans, with the help of the Opera-built MiniPay wallet.
The article highlights Celo’s impressive growth, with a 5x increase in daily active addresses in the last 12 months and a 10x increase in stablecoin TVL, largely driven by the introduction of USDT on the network. While Celo’s current usage is dominated by low-fee or no-fee transactions, which limits its revenue generation, the article suggests that this could be a strategic move to onboard a significant user base that can be further monetized in the future as Celo’s DeFi ecosystem matures.
ELI5 
Celo is a blockchain project that wants to help people in developing countries access financial services more easily. It’s like a digital bank that anyone can use, even if they don’t have a regular bank account. Celo is growing really fast, with more and more people using it to send money, get small loans, and do other financial things. The article says Celo is doing a good job of getting people to use its services, and that in the future, it might be able to make even more money as it adds more features.
Writer’s Main Point
The writer believes that Celo’s focus on financial inclusion in emerging markets, combined with its rapid growth in active addresses and stablecoin usage, make it an interesting project to watch. While its current revenue generation is limited, the writer suggests that Celo’s strategy of onboarding a large user base could pay off in the long run as it builds out its DeFi ecosystem and monetizes its user base.
