Opera Surges 18% Following MiniPay Integration of Tether’s USDT Stablecoin

Opera Surges 18% Following MiniPay Integration of Tether’s USDT Stablecoin

Opera’s MiniPay wallet, now backed by Tether’s USDT and Tether Gold, expands reach to 60 countries, boosting emerging market adoption and global stable asset access.

USDT
XAUT

Fact Check
The evidence strongly and consistently supports the statement. The primary sources, which are official press releases from Opera and PR Newswire, confirm the foundational event that acted as the catalyst: the integration of Tether's USDT into the MiniPay wallet. Multiple independent and reputable secondary news sources then directly report on the market's reaction to this announcement. One highly relevant source from a reputable cryptocurrency publication, 'The Block', explicitly states that "Opera shares jump 18%" as a direct result of this news. Another financial news report, 'Stock Titan', corroborates this with a very similar figure, reporting a surge of "+17.3%". This minor variation is common in financial reporting of intraday stock movements and serves as strong independent confirmation of the event's magnitude. Another source, 'Crypto Briefing', also confirms that the stock price 'jumped' immediately following the announcement, reinforcing the direct causal link. There are no contradictions in the provided evidence. The primary sources establish the cause, and the secondary sources consistently report the effect, all linking the two events directly. The high level of agreement across multiple credible sources results in a high confidence assessment.
Summary

Tether has partnered with Opera to integrate USDT and Tether Gold (XAUT) into the Celo-based MiniPay wallet. MiniPay operates in 60 countries, with 12.6 million active wallets and 350 million transactions, and experienced 50% user growth in Q4 2024 fueled by emerging markets. The platform also enables fiat-crypto conversions through Binance, Partna, and Fonbank, and supports regional payment solutions such as Mercado Pago, Pix, SEPA, and Nigerian bank transfers. This move enhances access to dollar- and gold-backed assets globally, aligning with Tether’s strategy to grow adoption in regions with currency instability.

Terms & Concepts
  • USDT (Tether): A popular stablecoin pegged to the U.S. dollar, offering price stability for crypto transactions.
  • Tether Gold (XAUT): A gold-backed digital asset issued by Tether, representing physical gold ownership and serving as a hedge against currency volatility.
  • Stablecoin: A cryptocurrency designed to maintain a stable value by pegging it to a reserve asset such as the U.S. dollar or gold.