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Opera debuts stablecoin wallet MiniPay in Africa

Opera has revealed its plans to launch a noncustodial stablecoin wallet integrated into its mobile web browser that will be made available to its user base in Africa.

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Opera has revealed its plans to launch a noncustodial stablecoin wallet integrated into its mobile web browser that will be made available to its user base in Africa.

Opera introduced MiniPay, which is built on the Celo blockchain and will allow African users to send or receive stablecoins using their existing mobile numbers. Opera began operating in Africa 17 years ago and now has over 100 million users on the continent. The launch of MiniPay will begin in the coming months and first start in Nigeria.

The new MiniPay wallet will operate with sub-cent fees and onboard and back up wallets through users’ Google credentials.

It also has integrated with local payment methods, including Airtime and M-Pesa, along with traditional bank transfers to allow users to add and withdraw stablecoins from the wallet into a local currency.

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