Tether adds USDT and Tether Gold to Opera’s MiniPay wallet, expanding access to stable digital assets in emerging markets.
Tether Brings USDT and Tether Gold to Opera’s MiniPay Wallet, expanding access to digital assets for users in emerging markets.
The move focuses on simple mobile payments, savings, and transfers, while Opera reports growing wallet adoption across several regions.
Tether and Opera Expand MiniPay Wallet Support
Tether confirmed that USDT and Tether Gold are now supported in Opera’s MiniPay wallet.
MiniPay is a self-custodial wallet built on the Celo blockchain and integrated into the Opera browser ecosystem.
The company stated that the expansion targets users in Africa, Latin America, and Southeast Asia.
These regions often rely on mobile-first financial tools due to limited access to traditional banking services.
Tether CEO Paolo Ardoino said, “Tether’s mission has always been to provide simple, reliable access to stable value for people who need it most.”
The statement aligned with the firm’s focus on dollar-based digital assets.
Opera developed MiniPay to allow users to send and receive stablecoins with minimal setup. The wallet only requires a mobile phone number for activation.
MiniPay Usage Grows Across Emerging Markets
Opera reported that MiniPay operates in more than 60 countries.
According to MiniPay, the wallet has 12.6 million activated users, reflecting growing adoption as Tether brings USDT and Tether Gold to Opera’s MiniPay wallet for emerging market users.
The company said MiniPay recorded 50% user growth in the fourth quarter. Most new users came from emerging markets with high demand for mobile payments.
Data shared by Opera showed that more than $153 million moved through MiniPay in December. The figure reflected increased use of stablecoins for transfers and savings.
MiniPay supports Android and iOS devices, and it is designed for simple use. The wallet aims to lower entry barriers for digital payments and on-chain assets.
Related Reading: Tether Launches USAT Stablecoin Issued by Federally Chartered U.S. Bank
USDT and Tokenized Gold Use Cases
USDT allows users to hold and transfer dollar-pegged value through the MiniPay wallet. Tether stated this supports savings and remittances in regions facing currency instability.
The wallet also supports Tether Gold, a token backed by physical gold. Tether described the asset as an option for inflation-resistant savings.
Tether Gold reached a record price in late January alongside spot gold markets.
The token has a circulating supply of over 700,000 units and a multibillion-dollar market value.
Tether said demand for stablecoins and tokenized assets remains strong in mobile-first regions. At the same time, broader crypto markets have faced reduced activity.
Industry data shows that stablecoin exchange flows have declined in recent months. Analysts attributed this trend to lower risk appetite across digital asset markets.
Despite these conditions, Tether and Opera continue to expand product offerings.
The partnership reflects ongoing efforts to grow stablecoin access through mobile wallets in emerging economies.
Source: https://www.livebitcoinnews.com/tether-brings-usdt-and-tether-gold-to-operas-minipay-wallet/
