Browser maker Opera’s shares surged more than 17% after the opening bell after the company announced it’s expanding support for Tether’s USDT stablecoin and tether gold (XAUT0) in its self-custodial crypto wallet MiniPay.
The move brings broader access to dollar-backed and gold-backed cryptocurrencies for millions of users in emerging markets.
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Shares of Opera (OPRA) slid over the past week to a $12.40 low before the announcement helped them surge to stand at $14.65. MiniPay, which the company says has 12.6 million activated wallets, will now allow users to use these tokens “without navigating the complexities of the blockchain.”
The wallet, which boasts more than 3.64 million onchain users, processed over $153 million in stablecoin transactions in December alone, according
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