Transak Powers Opera’s MiniPay to Enhance Stablecoin Accessibility Across 50+ Countries
Transak, a global fiat-to-crypto payments infrastructure provider, has partnered with Opera’s MiniPay, a leading dollar stablecoin wallet built on the Celo blockchain. This collaboration expands MiniPay's ability to offer seamless on- and off-ramping of stablecoins — Celo Dollar (cUSD), Tether USD (USDT), and USD Coin (USDC) — in over 50 countries, with a wider range of local payment methods.
As part of this collaboration on- and off-ramping is offered with zero fees for a limited time, allowing users to engage with stablecoins without the usual barriers of fees and further driving adoption by making cross-border payments more affordable. The intention behind the introductory zero-fee campaign is to encourage more people to experience stablecoins’ trait of near-instant cross-border payments and settlements without the technical bells and whistles.
MiniPay offers near-instant, low-cost transfers of stablecoins with fees as low as $0.001 per transaction, thanks to the efficiency of the Celo blockchain. Onboarding requires just an email address and phone number, making it easy for anyone to start using stablecoins. In some markets, users can even buy as little as five dollars of stablecoins, making it accessible for all. Users can also pay bills and utilities in select markets for zero cost.
Here’s how it works:
- On-Ramping: Users can top up their MiniPay wallet by purchasing stablecoins directly with local currencies using various payment methods, including credit/debit cards, Google Pay, and Apple Pay
- Off-Ramping: Users can withdraw funds by converting stablecoins into local currencies and transferring them directly to their cards/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 its launch in September 2023, MiniPay has surpassed 5 million activated wallets, reflecting strong adoption and demand for low-cost, borderless transactions. The ultralight (2MB) wallet has also achieved remarkable success in emerging markets — this aligns perfectly with Transak’s vision of bringing web3 to the masses in a non-custodial fashion.
The partnership with Transak further strengthens MiniPay’s commitment to providing users with easy access to stablecoins, helping drive mainstream adoption.
“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 increasingly a critical tool for remittances, offering a stable alternative to traditional methods. This fee-free access is a game changer, removing the barriers that typically make cross-border payments costly and slow. Whether for everyday transactions or remittances, MiniPay ensures that users can move money across the globe quickly and affordably, providing an accessible solution for families, businesses, and individuals who need low-cost, fast, and reliable financial tools.
About Transak
Transak is the world's most compliant and largest web3 payments infrastructure provider, serving over 8.3 million users across 160+ countries. It powers 350+ platforms, facilitating the purchase and sale of digital assets with its API-driven fiat-crypto on/off-ramp, NFT checkout, and other solutions that simplify KYC, compliance, payment methods, and customer support.
Headquartered in Miami, US, and incorporated in Delaware, Transak has a tech hub in Bengaluru and offices in London, Milan, Dubai, and Hong Kong.
For more information, visit transak.com or follow us on x.com/transak and linkedin.com/company/transak
About MiniPay
MiniPay is Opera's dollar stablecoin wallet designed to make everyday transactions fast, simple, and secure. MiniPay enables users to send, receive, and manage money effortlessly and with near-zero fees. With 5 million activated wallets and a focus on simplicity, MiniPay provides a low-cost solution for holding stablecoins, cross-border transactions, remittances, and more.