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Home BUSINESS

Opera and Celo Partner to Unveil MiniPay: Bridging the Digital Divide in Africa for a Decentralized Web3 Future

BlockNews Team by BlockNews Team
September 13, 2023
in BUSINESS, CRYPTO, MEDIA
Reading Time: 2 mins read
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  • MiniPay, a succinct stablecoin wallet, is integrated with Opera’s Android Mini Browser and built on Celo.
  • This new wallet aims to enable Africans access to the Celo DApp ecosystem for secure and fluid digital asset transfers.

Opera has unveiled MiniPay, a Web3 wallet built on Celo and integrated with the Opera Mini Andoird Browser. MiniPay is a 2-megabyte, non-custodial stablecoin wallet that aims to deliver swift and cost-effective financial transactions to African users. It features sub-cent gas fees and settlement within seconds. Furthermore, MiniPay is designed to address the unique challenges faced in Africa, such as currency instability, limited access to financial services, and the digital divide.

MiniPay makes it easy to transfer digital assets, and its initial rollout will begin in Nigeria. It will gradually expand to Kenya, Ghana, and South Africa and eventually be available throughout Africa. 

“By integrating the self-custodial MiniPay wallet directly into the popular Opera Mini browser, existing and new users will access a truly seamless experience with fast, transparent transactions on the Celo blockchain and be introduced to DApps and projects built on Celo that provide meaningful benefits for people in their every day—this is the ‘killer’ use case the Web3 industry has been waiting for.” – Rene Reinsberg, Celo Co-Founder and the Celo Foundation President.

MiniPay on Celo represents a significant stride toward inclusive and efficient financial solutions for Africa, offering users a seamless entry into Web3 payments and DeFi. Opera and Celo aspire to empower Africans through this collaboration to engage in permissionless and user-friendly money transfers and earnings.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: AfricaCeloOperaWeb3
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