Loading cryptocurrency prices...

Opera MiniPay Enables Stablecoin Payments at Shops in LatAm

Opera MiniPay wallet introduces stablecoin payments with local currency conversion in Argentina and Brazil, expanding crypto usability in Latin America and Canada.

  • Opera MiniPay wallet now enables stablecoin payments in Argentina and Brazil.
  • The update links USDT balances to PIX in Brazil and Mercado Pago in Argentina.
  • Users can pay by scanning local QR codes, with instant currency conversion handled behind the scenes.
  • This integration aims to increase daily usability of crypto and will expand to other markets.
  • Partnerships with El Dorado, AlfredPay, and Paytrie support on- and off-ramp services in Latin America and Canada.

Opera, known for its web browser, has launched a new feature in its MiniPay stablecoin wallet that allows users in Argentina and Brazil to spend stablecoins directly at shops and services. The update was announced at the Ethereum Devconnect conference in Buenos Aires. MiniPay connects dollar-pegged USDT balances to Latin America’s main payment systems—PIX in Brazil and Mercado Pago in Argentina.

- Advertisement -

Instead of manually converting USDT or using centralized exchanges, users can now make payments by scanning local QR codes. The infrastructure provider Noah manages instant conversion, so merchants receive payments in their local currency—Argentine pesos or Brazilian reais—without dealing with cryptocurrency. According to data on PIX, over 76% of Brazil’s population uses this payment method, while Mercado Pago covers nearly 70% of the Argentine market.

This effort is intended to promote the everyday use of cryptocurrency, shifting focus from speculation to practical transactions. Support for PIX payments via QR codes will be introduced soon, as indicated by Opera’s Director of Global Communications, Julia Szyndzielorz. MiniPay’s user base exceeds 10 million, and the company plans to expand the “Pay like a local” feature to additional regions.

To support this growth, MiniPay has formed partnerships with El Dorado, AlfredPay, and Paytrie, which provide convenient on- and off-ramp access to crypto across Latin America and Canada.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

- Advertisement -

Previous Articles:

- Advertisement -

Latest News

Clear Street Prepares $10B-$12B Crypto IPO Led by Goldman Sachs

Clear Street, a New York brokerage, plans a public offering with a valuation between...

BRICS Expands Gold Pact to 33 Nations, Boosts Dollar-Free Trade

The BRICS Gold pact now includes 33 countries aiming to trade precious metals independently...

Bitcoin Treasury Firms Face “Darwinian Phase” Amid Market Downturn

Bitcoin treasury companies face structural challenges as equity prices drop below Bitcoin net asset...

Shiba Inu Whale Withdraws 169B SHIB from Coinbase Sparking Speculation

A whale withdrew 169.13 billion SHIB tokens from Coinbase in six transfers over 17...

Crypto Firms Raise $16M for Hong Kong Tai Po Fire Relief Efforts

Over 30 cryptocurrency firms and fundraising groups have contributed about $16 million to Hong...
- Advertisement -

Must Read

14 Ways On How to Make Money with Cryptocurrency

Many people want to make money with cryptocurrency because they have heard the success stories of people who became millionaires from zero.If you...