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Opera Launches MiniPay Stablecoin Wallet on Celo for African Users

Opera Launches MiniPay Stablecoin Wallet on Celo for African Users

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#consumer markets
#payments
#blockchain
The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its user base in Africa. On Sept. 13, the web services provider introduced the MiniPay wallet integration, built on the Celo blockchain, that allows users in Africa to send or receive stablecoins by using their already existing mobile numbers.

Opera, a web platform with over 100 million users in Africa, is introducing MiniPay, a non-custodial stablecoin wallet built on the Celo blockchain. This integrated wallet aims to address concerns about high fees, unreliable service uptimes, and a lack of transparency around transactions in the region. It allows users in Nigeria, Kenya, Ghana, and South Africa to send and receive stablecoins using their mobile numbers. MiniPay supports sub-cent fees, local payment methods like Airtime and MPesa, and traditional bank transfers for converting stablecoins to local currency. It is set to launch in the coming months, starting in Nigeria, and will support Celo Dollar (cUSD).


Key Points:

- Opera plans to launch MiniPay, a non-custodial stablecoin wallet, for its user base in Africa.

- The wallet runs on the Celo blockchain and allows users to send and receive stablecoins via their mobile numbers.

- Opera has over 100 million users in Africa, making it a significant platform for this launch.

- MiniPay will initially start in Nigeria and aims to address concerns about high fees, unreliable service, and lack of transparency in transactions.

- It supports sub-cent fees, local payment methods, and traditional bank transfers to convert stablecoins to local currency.

- MiniPay will launch in the coming months and will first support Celo Dollar (cUSD).



Read more on CoinTelegraph


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