Opera MiniPay Stablecoin Wallet Expands to iOS, Opening Up New Markets

Built on the Celo blockchain, MiniPay is a non-custodial wallet meant to streamline overseas transactions with dollar-backed stablecoins

Opera has started its MiniPay stablecoin wallet as a standalone iOS app, a major step in improving worldwide financial inclusion. Originally included inside the Opera Mini browser and accessible on Android, MiniPay’s move to iOS signals a crucial moment in offering consumers simple, inexpensive digital payments.

Closing Financial Gaps with Stablecoins

Built on the Celo blockchain, MiniPay is a non-custodial wallet designed to smooth overseas transactions using dollar-backed stablecoins, such as USDT, USDC, and cUSD. Reachable by consumers in developing regions, the wallet facilitates microtransactions beginning at as low as $0.10. Designed in collaboration with Mento Labs, “Pockets” enables users to switch between supported stablecoins without any fees, thereby enhancing flexibility in managing digital assets.

Practical Uses and User-Friendly Design

Through its in-app platform, MiniApps, MiniPay integrates services including bill payments, mobile top-ups, global eSIM purchases, and charitable donations, going beyond basic transactions. This integration ensures that consumers can utilize their digital resources in daily life.

The design of the wallet emphasizes ease of use, eliminating the need for complex seed phrases or wallet addresses. Using their phone numbers and Google or iCloud accounts, users can register and restore their wallets, thus speeding up the onboarding process.

Increasing Global Availability

MiniPay’s footprint is already substantial, having seen the generation of over 7 million wallets in more than 50 nations. Notably, in regions where iOS devices are prevalent, the latest iOS release is expected to propel even further expansion.

The wallet enables users to interact with digital money in ways familiar to their local financial systems by supporting local payment methods, including mobile money, vouchers, and bank transfers. MiniPay also allows customers to convert stablecoins to and from local currencies, beginning with just $1, facilitating on/off ramps with over a dozen partners.

Empowering Users in Developing Nations

Opera’s endeavor with MiniPay aligns with its broader goal of providing readily available digital services. By offering a lightweight, user-friendly, stablecoin wallet, Opera aims to empower individuals in developing regions, where traditional banking services might be limited. The wallet’s capability to enable swift, low-cost transactions renders it a valuable tool for consumers striving for financial inclusion and independence.

MiniPay’s arrival on iOS highlights Opera’s commitment to advancing financial accessibility through innovative technologies. Especially in underdeveloped areas, solutions like MiniPay are likely to be crucial in shaping the direction of global banking as the adoption of digital currencies continues to rise. By removing significant hurdles—high fees, complicated interfaces, and limited access—MiniPay provides a valuable alternative for millions of people entering the digital economy. Its rollout to iOS not only expands its reach but also sets an example for how technology companies can propel inclusive financial innovation worldwide.