HomeÚltimas NoticiasBlockchainOpera browser debuts stablecoin wallet MiniPay in Africa

Opera browser debuts stablecoin wallet MiniPay in Africa


The web platform 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.

On Sept. 13, 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.

Jørgen Arnesen, executive vice president for mobile at Opera, commented:

“Users in Nigeria, Kenya, Ghana, and South Africa have indicated lingering concerns about high fees, unreliable service uptimes, a lack of transparency around transaction progress and a lack of access to mobile data.”

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.

Arnesen told Cointelegraph that Opera developed the MiniPay browser as a “unique, data-saving technology that allows users to surf the web and gain access to information without having to expend a major part of their monthly income.”

Related: Google Chrome launches built-in user tracking for advertisers

Celo also has a strong African user base and said the integration “opens the door” for more Ethereum-compatible decentralized applications to be built for MiniPay.

Arnesen also mentioned that as the product launches, MiniPay will support Mento’s stable Celo Dollar (cUSD), which tracks the value of the U.S. dollar.

“This way, we are not confusing users with multiple currencies at a time, as would be the case in a regular crypto wallet.“

In April, Opera announced a new generative artificial intelligence integration into its then-latest browser update. The in-browser AI feature, called AI Prompt, gives users “contextual prompts” for web pages or highlighted text.

In December 2022, it launched a suite of security tools with the aim of protecting users against “malicious Web3 actors.”

Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.

Magazine: How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in


Reciba noticias de Vimilin desde Google news


Please enter your comment!
Please enter your name here


BTC price shows ‘textbook’ Wyckoff moves as Bitcoin bulls defend $25K

Bitcoin (BTC) consolidated higher on Sept. 15 as analysis described recent BTC price behavior as “textbook.”Collect this article as an NFT to preserve this moment...

Magic Eden integrates Solana’s compressed NFTs into marketplace

Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning...

House Democrats back Biden candidacy as calls for president to drop out intensify on the left

FIRST ON FOX: House Democrats appear to be behind another Biden-Harris ticket, even as President Biden is being discouraged against running by some on the...

3 Standout Stocks to Buy as Worse-Than-Expected CPI Numbers Revive Inflation Fears

The August CPI report showed headline annual inflation rising 3.7% compared to the 3.2% reading seen in July and a 3.0% increase in June. As inflation...

Más popular