Celo: AbaPay Wins Prezenti Frontier Grant for Stablecoin Rails
Celo reports that AbaPay received a Frontier grant from Prezenti to scale open payment rails letting AI agents settle real-world bills in stablecoins via MCP, x402, REST and SDK.
SourceAnalysis
Celo confirmed that AbaPay secured a Frontier grant from Prezenti Grants to expand agentic stablecoin payment infrastructure on the network, enabling AI agents to execute real-world bill payments through MCP, x402, REST and SDK protocols.
Price sits at $0.08 inside the Bollinger Bands with lower support at $0.08 and upper resistance at $0.09. The 50- and 200-period EMAs both rest at $0.09, establishing clear overhead resistance while the MACD registers a bullish golden cross and RSI at 39.75 remains neutral. Traders note the token pressing the lower band support with momentum turning positive, suggesting any sustained break above the EMAs could open room toward the upper band before the next directional test.
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