# Creating the Next FX Market: A Strategy to Attract Liquidity to Celo

**URL:** <https://forum.celo.org/t/creating-the-next-fx-market-a-strategy-to-attract-liquidity-to-celo/11840>\
**Category:** Governance Proposals\
**Tags:** governance, funding\
**Created:** [July 21, 2025, 2:22pm UTC](https://forum.celo.org/t/creating-the-next-fx-market-a-strategy-to-attract-liquidity-to-celo/11840 "2025-07-21T14:22:11Z")\
**Posts on this page:** 1\
**Showing post:** 23

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**Author:** ![Tomer-Ba](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/tomer-ba/32/6837_2.png) [@Tomer-Ba](https://forum.celo.org/u/Tomer-Ba)\
**Post date:** [August 7, 2025, 11:03am UTC](https://forum.celo.org/t/creating-the-next-fx-market-a-strategy-to-attract-liquidity-to-celo/11840/23 "2025-08-07T11:03:23Z")

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have you read the update of what we’ve done so far?

> [@Credit Collective Update – March 2025](https://forum.celo.org/t/credit-collective-update-march-2025/10617):
>
> Hi everyone! We’re excited to share the latest updates on Credit Collective. Over the past months, we’ve been actively supporting credit protocols, strengthening on/off-ramp solutions for emerging markets, and ensuring sustainable liquidity for key DeFi initiatives across the Celo ecosystem. Here’s a look at our progress: TLDR - $1M deployed to on-chain private credit We brought Carbon DeFi, Lynx, Minteo, Unergy $1M staked market making - Generating $27.3M in trading volume and executing …

Since this update, we bought 20% more transactions to the celo ecosystem, one of the highest drivers of fees and usage in the eco system

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_[View the full topic](https://forum.celo.org/t/creating-the-next-fx-market-a-strategy-to-attract-liquidity-to-celo/11840)._