Opera Unveils Plans for Non-Custodial Stablecoin Wallet Integration for African Users
On September 13, Opera Mini, a widely-used browser, announced its plan to launch a new non-custodial wallet in partnership with the Celo Blockchain, seamlessly integrating it with its mobile web browser and making it accessible to users in Africa.
The Opera Mini and Celo partnership will introduce the MiniPay wallet, empowering users to sell, buy, and trade stablecoins effortlessly.
What sets MiniPay apart is its capacity to enable payments using just a phone number, marking a significant advancement in the mobile payments landscape.
The ultralight self-custodial stablecoin wallet, comprising a mere 2 megabytes, boasts rapid transaction speeds, allowing for transfers in less than 5 seconds. Its versatile design accommodates various local payment methods, including Airtime, MPesa, bank transfers, and card payments.
According to the announcement, transactions on MiniPay are not only instant and seamless but also entail minimal gas fees, thanks to the utilization of ERC-20 tokens like stablecoins.
Additionally, the wallet streamlines the onboarding process for new users by eliminating the need for the web3-savvy "Connect Wallet" step, allowing for smoother integration of Google credentials.
Opera Mini will tap into Celo's foundational infrastructure, leveraging features like FiatConnect and SocialConnect.
This strategic move aims to craft a more user-friendly wallet and facilitate convenient transactions with stablecoins across Africa. This initiative is poised to impact the mobile payments landscape in the region substantially.
Jørgen Arnesen, the Executive Vice President of Opera Mobile, said that.
"We are thrilled to unveil MiniPay, a cutting-edge collaboration between Opera and the Celo Foundation that directly addresses
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