Opera ADRs jump 15% after USDT added to MiniPay

Opera ADRs jump 15% after USDT added to MiniPay
Opera MiniPay wallet adds USDT, driving stock price surge

​American depositary receipts (ADRs) of Norwegian company Opera Ltd surged 15% following the addition of the USDT stablecoin to Opera’s MiniPay crypto wallet.

Tether expanded support for its USDT stablecoin in Opera’s MiniPay wallet, aiming to simplify access to dollar-denominated payments and savings in emerging markets.

The self-custodial Opera MiniPay wallet, built on the Celo blockchain, now supports USDT and Tether’s gold-backed stablecoin XAUT, allowing users to store and transfer tokens pegged to both the U.S. dollar and gold directly from their smartphones, without needing separate crypto apps.

According to The Block, the wallet is integrated into Opera’s mobile browser ecosystem and has gained traction in Africa, Latin America, and Southeast Asia, where access to traditional banking services may be limited or expensive.

Browser wallet gains millions of users

In a press release published Monday, Opera reported that MiniPay has registered more than 12 million activated wallets and hundreds of millions of transactions to date.

In December alone, around 7 million phone-verified users registered wallets, and more than 3 million person-to-person payments totaling $150 million were completed.

OPRA daily chart. Source: TradingView

Following the announcement of MiniPay’s successful integration, Opera ADRs jumped 15% to $14.30.

As we wrote, Tether is becoming a major gold buyer alongside sovereign holders

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