what's Valora?
Valora is a mobile-first cryptocurrency wallet that simplifies saving, sending, and spending crypto, making blockchain accessible on basic smartphones. Native to the Celo ecosystem (initially Layer 1, now Ethereum L2), it supports stablecoins and enables peer-to-peer transfers as easily as texting, with features like NFC payments and integrations for remittances. The wallet partners with services like M-Pesa for Africa expansion and Tether for stablecoin adoption. Its design prioritizes user-friendliness, handling EVM-compatible assets while abstracting complexities like gas fees through Celo's architecture.
Valora plans to integrate Self Protocol's phone number mapping and sybil resistance standard.
Links
x.com/valoraPlans to integrate Self Protocol's phone number mapping and sybil resistance standard.
Stripe launched the testnet for a new stablecoin-centric blockchain built with Paradigm in the same week as acquiring the Valora team.
The Valora app and its intellectual property return to cLabs following Stripe's acquisition of the Valora team.
Stripe acquired Valora wallet team to build out its stablecoin services.
Stripe acquires the Valora Wallet team as part of its stablecoin services expansion.