Celo

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<div class="cryptonews"> 
 <p class="is-style-lead">Built into Opera Mini, the MiniPay self-custodial <a rel="noopener noreferrer nofollow" title="stable" href="https://thebittimes.com/tag/stable.html">stable</a>coin <a rel="noopener noreferrer nofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> sends and receives transactions in less than 5 seconds, Celo claims.</p> 
 <p>Opera has developed a new dollar <a rel="noopener noreferrer nofollow" title="stable" href="https://thebittimes.com/tag/stable.html">stable</a>coin <a rel="noopener noreferrer nofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> on the Celo network for its Android browser Opera Mini to bring more users into the web3 space.</p> 
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  <img decoding="async" width="1024" height="576" src="https://cdn.thebittimes.com/images/2023/09/13/b68274680439f88e050886974b2366ea.webp" alt="Celo unveils 2-megabyte stablecoin wallet for Opera Mini - 1" class="wp-image-14194420"> 
  <figcaption class="wp-element-caption">
    MiniPay interface on Opera Mini | Source: Opera 
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 <p>In a blog post on Sept. 13, Celo said the so-called MiniPay wallet weighs 2 megabytes and will be initially available only in Nigeria, expanding to Kenya, Ghana, and South Africa in the coming months.</p> 
 <div class="cn-block-related-link"> 
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Curve.Finance now live on the mobile-focused blockchain, Celo 
 </div> 
 <p>Celo says the companies picked Africa for the launch due to its poor infrastructure and high unemployment rates, which presents a “unique opportunity to offer a more stable way to store and send money using digital assets.”</p> 
 <blockquote class="wp-block-quote"> 
  <p>“Users in Nigeria, Kenya, Ghana, and South Africa have indicated that even when satisfied with their current payment solutions, there are still lingering concerns about high fees, unreliable service uptimes, a lack of transparency around transaction progress, and mobile data access.”</p> <cite>Jorgen Arnesen, Opera EVP Mobile</cite> 
 </blockquote> 
 <p>The <a rel="noopener noreferrer nofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> enables users to pay gas fees using ERC20 tokens (like <a rel="noopener noreferrer nofollow" title="stable" href="https://thebittimes.com/tag/stable.html">stable</a>coins) with support for SocialConnect, a naming service protocol that maps <a rel="noopener noreferrer nofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a>s to mobile phone numbers. It is unclear if Opera plans to roll out the same product for its browser on iOS devices.</p> 
 <p>Amid the news, Celo’s token CEL gained over 3%, reaching $0.42, according to data from TradingView.</p> 
 <p>Opera has been a pro-crypto player since 2018. Back then, the Norwegian software developer announced the launch of its web3-ready browser for Android with support for cryptocurrencies.</p> 
 <p>A year later, Opera Browser integrated TRON (TRX). In November 2022, the Oslo-headquartered company revealed DegenKnows, an analytics tool for non-fungible tokens (NFTs) that includes on- and off-chain data to verify the authenticity of digital collectibles.</p> 
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> DappRadar’s dApp store now available on Opera crypto browser 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/celo-unveils-2-megabyte-stablecoin-wallet-for-opera-mini-tbt62571.html">https://thebittimes.com/celo-unveils-2-megabyte-stablecoin-wallet-for-opera-mini-tbt62571.html</a></p>

Celo unveils 2-megabyte stablecoin wallet for Opera Mini

TheBitTimes

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