Major technology conglomerate Opera is upgrading the cryptocurrency wallet on its mobile browser Opera Mini by integrating the largest stablecoins on the market, Tether USDT and Circle’s USDC.built into Opera Mini, is rolling out Pockets, a new feature enabling one-click swaps between the Celo dollar and the newly integrated stablecoins.) and cUSD with “sub-cent fees and no hidden costs” with a drag-and-drop motion, according to an announcement on July 3.
“Given the lack of fixed internet access and high internet costs, we recognized the significant potential of blockchain-enabled peer-to-peer solutions within the continent,” Arnsen said, adding: “Our research showed that most consumers had concerns over the high fees, unreliable service uptimes, and lack of transparency around transaction progress associated with local payment options. While high mobile-data costs were and still are an omnipresent issue.”
In addition to the new Pockets feature, MiniPay launched a Discover Page for the decentralized applications integrated within the wallet. The page is designed to organize multiple native DApps, allowing users direct access to tools such as Universal Basic Income protocols, savings applications and games.
Opera Mobile EVP Arnsen noted that Africa has long been a mobile-first continent with a young population and widespread smartphone adoption.Africa has been quickly emerging as a continent with significant interest in cryptocurrency. With one of the youngest and fastest-growing populations in the world, Africa has massive potential for digital asset adoption.
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