Opera Stock Jumps 15% After Announcing Expanded Support for Tether Tokens

Why It Matters

The move positions Opera as a key gateway for stablecoin adoption in emerging economies, while reinforcing Tether’s growing influence in the global crypto ecosystem.

Key Takeaways

• Opera shares rose 15% after USDT, XAUT support
• MiniPay holds 12.6M wallets, $153M December volume
• New tokens simplify crypto use for emerging market users
• Tether posted $10B profit, buying up to $1B gold monthly
• Pay‑like‑local feature now covers SEPA, Nigeria transfers

Pulse Analysis

Opera’s decision to integrate Tether’s USDT and XAUT tokens into MiniPay reflects a broader strategy to capture the fast‑growing stablecoin market. By offering direct, self‑custodial access to dollar‑backed and gold‑backed assets, Opera reduces friction for users who might otherwise be deterred by blockchain complexity. The stock’s 15% rally underscores investor confidence that this functionality will drive higher wallet adoption and generate new revenue streams through partnership fees with on‑ and off‑ramp providers.

MiniPay’s metrics illustrate the platform’s traction: 12.6 million activated wallets and $153 million in stablecoin volume in a single month signal robust demand in regions such as Latin America, Europe, and Africa. The wallet’s integration with local payment rails—Mercado Pago in Argentina, Pix in Brazil, SEPA in Europe, and instant transfers in Nigeria—creates a seamless bridge between fiat and crypto. This localized approach not only expands user bases but also positions MiniPay as a critical infrastructure layer for the next wave of crypto‑enabled commerce.

Tether’s recent $10 billion net profit and its aggressive gold‑buying program add credibility to the tokens now supported by MiniPay. The gold‑backed XAUT offers an alternative store of value, appealing to investors seeking diversification beyond fiat‑pegged stablecoins. As stablecoins become integral to cross‑border payments and decentralized finance, Opera’s expanded support could accelerate mainstream acceptance, while reinforcing Tether’s dominance in a market where regulatory scrutiny and asset‑backing transparency remain pivotal.