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Opera MiniPay Userbase Crosses the 1 Million Mark

Opera MiniPay

Opera has today announced that MiniPay wallet has surpassed 1 million users across Nigeria, Kenya, and Ghana. MiniPay is a self-custodial dollar stablecoin wallet is integrated into the Opera Mini browser for Android users and is built on the Celo blockchain. The wallet enables fast and easy payments with very low transaction fees, allowing users to save, send, and receive funds instantly on their mobile phones.

The key features of MiniPay include offering sub-cent fees through the Celo network. Currently live in Nigeria, Kenya, and Ghana, MiniPay plans to expand to South Africa and other countries.

The partnership between MiniPay, Celo, and Mento Labs is centered around the vision of financial inclusion and economic stability in Africa. The integration of Mento decentralized cUSD stablecoins into the MiniPay ecosystem makes it possible to mitigate currency volatility and offering a reliable store of value.

This collaboration is key in regions affected by hyperinflation and economic uncertainty, where stablecoins present a decentralized and accessible alternative to traditional financial services.

Statements from Key Figures

Charles Hamel, Product Director at MiniPay, said, “The MiniPay wallet has been designed to be intuitive for users of all experience levels to reap the benefits that decentralized finance can bring. Via a familiar Web2 experience, MiniPay makes it easier and more affordable for individuals across Africa to acquire, send, and receive Mento cUSD stablecoins – simply by using mobile phone numbers.”

Jason Rodrigues, Head of Founder Programs at the Celo Foundation stated, “The Celo community is thrilled to support the growth of our shared mission, to create the conditions of prosperity for all, through Opera MiniPay. This partnership allows real-world users access to a variety of inclusive financial tools in a seamless, fast, and reliable way.”

Markus Franke, CEO at Mento Labs, added, “Mento Labs is excited to support the MiniPay rollout that aims to provide affordable and accessible financial services to Opera’s user base in Africa. Focusing on speed, reliability, and financial inclusivity, MiniPay gives users a secure and transparent way to easily store and send funds using stablecoins.”

Download MiniPay

Users in Nigeria, Kenya, and Ghana can download or update the Opera Mini browser to the latest version, set up a MiniPay wallet to be part of the future of decentralized finance.

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Also Read: Four-Step Checklist Before Entering Any Crypto Trade

About author

Editor at TechArena. I cover all things technology and review new gadgets as I get them. You can reach me on email: kaluka@techarena.co.ke
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