Shares of browser maker Opera jumped more than 17% after the opening bell after the company announced it was expanding support for stablecoin USDT and Tether gold (XAUT0) in its self-custodial crypto wallet MiniPay.
The move opens wider access to dollar- and gold-backed cryptocurrencies for millions of users in emerging markets.
Shares of Opera (OPRA) slipped over the past week to a low of $12.40 before the announcement helped them jump to $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 blockchain.”
The wallet, which has over 3.64 million on-chain users, processed over $153 million in stablecoin transactions in December alone, according to Opera.
MiniPay is not a financial service in itself, but connects users to entry and exit providers like Binance, Partna and Fonbank, helping to bridge the fiat and crypto economies. Last year, the company rolled out a “Pay Like a Local” feature, allowing users to pay in Argentina with Mercado Pago and in Brazil with Pix, each country’s instant payment systems.
Since then, the functionality has expanded to include instant SEPA payments in Europe and instant bank transfers in Nigeria.
Tether announced earlier this month that it had made a net profit of more than $10 billion for 2025, driven by the growth of its stablecoin USDT and its underlying US Treasury holdings. The company buys up to $1 billion worth of gold per month betting on the precious metal alongside BTC.
