The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its user base in Africa.\u00a0<\/p>\n
On Sept. 13, the web services provider introduced the MiniPay wallet integration, built on the Celo blockchain, that allows users in Africa to send or receive stablecoins by using their already existing mobile numbers. <\/p>\n
Opera began its operations in Africa 17 years prior and now has over 100 million users on the continent. The launch of MiniPay will begin in the coming months and first start in Nigeria. <\/p>\n
J\u00f8rgen Arnesen, the executive vice president for mobile at Opera, commented that:<\/p>\n
\u201cUsers in Nigeria, Kenya, Ghana, and South Africa have indicated lingering concerns about high fees, unreliable service uptimes, a lack of transparency around transaction progress and a lack of access to mobile data.\u201d<\/p><\/blockquote>\n
The new MiniPay wallet will operate with sub-cent fees, and onboard and backup wallets through users\u2019 Google credentials.\u00a0<\/p>\n
It also has integrated with local payment methods including Airtime and MPesa, along with traditional bank transfers to allow its users to add and withdraw stablecoins from the wallet into the local currency.<\/p>\n
Arnesen told Cointelegraph that specifically for Africa they developed the Opera Mini browser as a \u201cunique, data-saving technology that allows users to surf the web and gain access to information without having to expend a major part of their monthly income.\u201d<\/p>\n
Related: <\/u><\/em><\/strong>Google Chrome launches built-in user tracking for advertisers<\/em><\/strong><\/p>\nCelo also has a strong user base in Africa and says the integration \u201copens the door\u201d for more Ethereum-compatible dApps to be built for MiniPay. <\/p>\n
Arnesen also mentioned that as the product launches, MiniPay will support Mento stable asset cUSD or Celo Dollar, which tracks the value of USD, on Celo.\u00a0<\/p>\n
\u201cThis way, we are not confusing users with multiple currencies at a time, as would be the case in a regular crypto wallet. \u201c<\/p><\/blockquote>\n
In April of this year, Opera announced a new generative artificial intelligence (AI) integration into its then-latest browser update. The in-browser AI feature, called AI Prompt, gives users \u201ccontextual prompts\u201d for web pages or highlighted text.\u00a0<\/p>\n
Last December, it launched a suite of security tools with the aim to protect users against \u201cmalicious Web3 actors.\u201d <\/p>\n
Collect this article as an NFT<\/em><\/strong> to preserve this moment in history and show your support for independent journalism in the crypto space.<\/em><\/em><\/p>\nMagazine: <\/em><\/strong>How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in<\/em><\/strong><\/p>\nSource: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into…<\/p>\n","protected":false},"author":4,"featured_media":193627,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n
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