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Opera’s MiniPay Adds Local Stablecoin Payments in Argentina and Brazil

Opera’s Celo-based MiniPay wallet now supports USDT payments via PIX and Mercado Pago, using Noah’s instant currency conversion and expanding to other Latin American and Canadian markets.

USDT

Summary

Opera’s MiniPay, a stablecoin wallet on the Celo blockchain, has expanded with support for local payments in Argentina and Brazil through PIX and Mercado Pago. The integration allows USDT spending without manual conversion, with backend provider Noah enabling instant currency exchange so merchants receive Argentine pesos or Brazilian reais. Opera plans to extend the service to other Latin American and Canadian markets through partnerships with El Dorado, AlfredPay, and Paytrie.

Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset like the US dollar, designed to reduce price volatility.
  • PIX: A Brazilian instant payment system operated by the Central Bank of Brazil, widely used for fast transactions via QR codes.
  • Celo blockchain: A blockchain platform optimized for mobile devices, focusing on accessible financial applications and crypto payments.