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Tether Brings USDT and Gold Tokens to Opera’s MiniPay Wallet

Key Takeaways

  • Opera and Tether expanded MiniPay to include USDT and Tether Gold on the Celo blockchain;
  • The update helps people in Africa, Latin America, and Southeast Asia use stable digital money for savings and payments;
  • MiniPay now serves 12 million users in 60 countries and handled $153 million in December after 50% growth last quarter.

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Tether Brings USDT and Gold Tokens to Opera’s MiniPay Wallet

Opera and Tether have joined forces to bring stable digital money to more people through the MiniPay wallet.

The update adds support for USDT USDT $0.9986 and Tether Gold on MiniPay, a self-managed wallet that runs on the Celo blockchain.

Tether said the goal is to make it easier for people in Africa, Latin America, and Southeast Asia to hold and use digital dollars for daily payments or savings. The company believes this can help those who face unstable local currencies or limited access to banking.

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Paolo Ardoino said:

Tether’s mission has always been to provide simple, reliable access to stable value for people who need it most.

MiniPay is available on Android and iOS and only needs a phone number to get started. The wallet now operates in 60 countries, with over 12 million active users and 350 million transactions processed.

It grew by 50% in the last quarter of the year, mostly in developing markets. In December, users sent and received more than $153 million through MiniPay.

Alongside USDT, the wallet also lets users hold XAUT XAUT $4,937.39 , Tether’s gold-backed token. The company promotes it as a tool for saving value over time, especially where inflation is high.

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Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
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