Celo recently announced a partnership with Visa to launch a new stablecoin called Celo Euro (CEUR), which is based on the euro and is meant to be used on the Celo network. Furthermore, Celo has announced a new grant program designed to support the creation of DeFi applications on its network. The goal of this program is to provide funding for initiatives aimed at creating cutting-edge DeFi apps that put user accessibility first.