Transak Partners with Opera’s MiniPay to Enhance Stablecoin Accessibility Across 50+ Countries

Transak partners with Opera’s MiniPay to enhance stablecoin accessibility across 50+ countries. With zero fees for a limited time, this collaboration brings seamless, low-cost cross-border payments to users worldwide. Here’s how this partnership is making digital finance more inclusive and accessible.

Transak, a leading global fiat-to-crypto payments provider, has joined forces with Opera’s MiniPay, a popular stablecoin wallet built on the Celo blockchain, to make stablecoins more accessible across 50+ countries. This collaboration enhances MiniPay’s ability to offer seamless on- and off-ramping for Celo Dollar (cUSD), Tether USD (USDT), and USD Coin (USDC), providing a wider range of local payment methods to users.

As part of the collaboration, on- and off-ramping is available with zero fees for a limited time, allowing users to engage with stablecoins without the typical fees that often hinder adoption. This initiative aims to drive the use of stablecoins by facilitating near-instant cross-border payments and settlements, with minimal technical barriers.

MiniPay offers low-cost stablecoin transfers with fees as low as $0.001 per transaction, leveraging the efficiency of the Celo blockchain. Onboarding is simple, requiring only an email address and phone number. Users can even purchase as little as five dollars of stablecoins, making it accessible to a wide range of individuals. In some markets, users can also pay bills and utilities for no cost.

Here’s how it works:

• On-Ramping: Users can top up their MiniPay wallet by purchasing stablecoins directly using local currencies through various payment options like credit/debit cards, Google Pay, and Apple Pay.
• Off-Ramping: Users can convert stablecoins into local currencies and withdraw them directly to their cards or bank accounts.

“We believe financial tools should be accessible to everyone, everywhere. By joining forces with MiniPay, we’re not only making digital finance affordable but also promoting inclusiveness for communities that need it the most,” said Carlo de Luca Gabrielli, Global Director of Sales at Transak.

Since launching in September 2023, MiniPay has surpassed 5 million activated wallets, highlighting the strong demand for low-cost, borderless transactions. The wallet’s success, particularly in emerging markets, aligns with Transak’s goal of bringing Web3 to a global audience in a non-custodial manner.

The partnership with Transak strengthens MiniPay’s commitment to stablecoin adoption and helps further drive mainstream usage.

“We’re thrilled to collaborate with Transak to offer MiniPay users a wider range of local payment options as we expand our stablecoin wallet to more countries worldwide. By eliminating fees, we’re breaking down financial barriers, making cross-border transactions and remittances more accessible and affordable, and driving the adoption of stablecoins even further,” said Jørgen Arnesen, EVP of Mobile at Opera.

Stablecoins are becoming a critical tool for remittances, providing a stable alternative to traditional methods. With fee-free access, MiniPay is transforming how individuals, businesses, and families handle cross-border payments, making the process faster, cheaper, and more reliable.

About Transak

Transak is a leading Web3 payments infrastructure provider, offering the most compliant and largest global platform for fiat-to-crypto transactions. Serving over 8.3 million users across 160+ countries, Transak powers 350+ platforms with API-driven on/off-ramp solutions for digital assets, NFT checkout, and services that streamline KYC, compliance, payment methods, and customer support.

Headquartered in Miami, USA, with incorporation in Delaware, Transak also has a tech hub in Bengaluru and offices in London, Milan, Dubai, and Hong Kong.

For more details, visit transak.com or follow us on X and LinkedIn.

About MiniPay

MiniPay is Opera’s dollar stablecoin wallet, designed to provide fast, simple, and secure transactions. It allows users to send, receive, and manage funds effortlessly, with near-zero fees. With 5 million activated wallets, MiniPay offers an affordable solution for holding stablecoins, facilitating cross-border transactions, remittances, and much more. Focused on simplicity and low-cost solutions, MiniPay makes everyday digital finance accessible to all.