Opera expands partnership with Celo, promoting low-cost stablecoin payments

2025-12-04 00:10:59

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Opera and the Celo Foundation have just announced an expanded partnership at Binance Blockchain Week, aiming to popularize low-cost stablecoin payments and target 1 billion users by 2030.

MiniPay—a non-custodial stablecoin wallet built on Celo—will add new features such as stablecoin-backed payment cards and organize the Mini App Roadshow in Asia and South America in 2026. The wallet has reached 11 million activated wallets and processed over 300 million transactions since September 2023.

Opera stated their goal is to provide users with “a reliable stablecoin wallet to receive, save, and send money anywhere.” MiniPay has also integrated Mercado Pago and Brazil’s instant payment system PIX, allowing stablecoins to be converted into real-time payments in Argentina and Brazil, with plans for global expansion.

Stablecoin growth continues to show strong momentum, especially in Latin America, which processed nearly $1.5 trillion in crypto transactions from July 2022 to June 2024. Brazil alone leads with $318.8 billion, and over 90% of the country’s crypto flows are related to stablecoins.

According to CoinGecko, the stablecoin market is currently valued at over $310 billion, although most predictions on the Myriad platform suggest that market capitalization will not exceed $360 billion before February next year.

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