Recently, the developer of the Opera Mini web browser announced the release of a blockchain-based wallet that enables users in Africa to send stablecoins quickly. Users should have access to decentralized applications (dapps) and initiatives created on the Celo network thanks to the stablecoin wallet's integration inside the Opera Mini browser.
Quick P2P Stablecoin Transfers
The development of a blockchain-based wallet based on the Celo blockchain was recently announced by Opera, a leading innovator in the world of the internet. In a news release, Opera stated that the Minipay wallet "across Africa" makes it simpler and more economical for individuals to "acquire and to send or receive stablecoins."
The wallet, which is a part of Opera Mini, would first allow "rapid and seamless P2P [peer-to-peer] stablecoin payments." According to the press release, the inclusion of Minipay in the Opera Mini browser will also make decentralized applications (dapps) and initiatives created on the Celo network accessible to both current and new browser users.
In the "World of Digital Finance," a Pivotal Moment
Jörgen Arnesen, EVP Mobile at Opera, commented on what has been called a "cutting edge partnership" between Opera and the Celo Foundation:
Users in Nigeria, Kenya, Ghana, and South Africa have said that there are still unanswered questions regarding expensive costs, inconsistent service uptimes, a lack of transparency regarding transaction status, and restricted access to mobile data. As a result, this alliance marks a turning point in the development of digital banking by enabling the sending, receiving, and ultimately earning of money without the need for permission.
Rene Reinsberg, co-founder of Celo Blockchain, praised the collaboration with Opera and stated that his team is looking forward to working closely with an organization that has a global presence, local knowledge, and technical prowess. The incorporation of the Minipay wallet into the browser, according to Reinsberg, may end up being "the 'killer' use case the Web3 industry has been waiting for."
Rene Reinsberg, co-founder of Celo Blockchain, praised the collaboration with Opera and stated that his team is looking forward to working closely with an organization that has a global presence, local knowledge, and technical prowess. The incorporation of the Minipay wallet into the browser, according to Reinsberg, may end up being "the 'killer' use case the Web3 industry has been waiting for."
The stablecoin wallet will first only be available in Nigeria, before being made available in Kenya, Ghana, South Africa, and other African nations, according to the press release.
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