According to Celo, more than 56% of all transaction fees on the Celo network in 2025 were paid in stablecoins such as USDT, USDC, and USDm, enabled by Celo's fee abstraction feature (source: Celo on X, Dec 25, 2025). According to Celo, the update also clarifies that USDm is the new name for the former cUSD, indicating stablecoin-denominated gas was the majority settlement method on Celo in 2025, a key datapoint for on-chain fee and activity analysis (source: Celo on X, Dec 25, 2025).

According to @bubblemaps, USDM was bundled 70% at launch, with the ownership clustering displayed on its launch bubble map for verification. Source: @bubblemaps https://twitter.com/bubblemaps/status/1956271241033343465 and https://t.co/dKqTBZBXkW. According to @bubblemaps, USDM is down 95% in the last 24 hours, signaling extreme short-term volatility relevant to trade execution and risk controls. Source: @bubblemaps https://twitter.com/bubblemaps/status/1956271241033343465.