Transak and Opera team up to improve stablecoin accessibility, offering users in over 50 countries affordable cross-border payments.
A new collaboration for enhanced accessibility
Transak, a leading fiat-to-crypto payment provider, partners with MiniPay, a popular stablecoin wallet on the Celo blockchain. This collaboration improves MiniPay's capabilities in facilitating the transfer of Celo Dollar (cUSD), Tether USD (USDT), and USD Coin (USDC), by offering a broader range of local payment options.
MiniPay services features
This partnership allows transactions to be conducted without fees for a limited time, encouraging greater stablecoin adoption. Low transaction fees are achieved through the efficient use of Celo blockchain. Registration is simple, requiring only an email and phone number. The minimum purchase amount is five dollars, enabling utility bill payments without additional costs on some markets. Users can top up MiniPay wallets by purchasing stablecoins using local currency and withdrawing them to cards or bank accounts.
Partnership perspectives
Since its launch in September 2023, MiniPay has reached over 5 million activated wallets. The partnership with Transak reinforces MiniPay's commitment to driving stablecoin usage while promoting their mainstream adoption. Stablecoins are becoming a key tool in remittances, providing a stable alternative to traditional methods. With fee-free access, MiniPay transforms cross-border payment handling for individuals, businesses, and families, making the process faster, cheaper, and more reliable.
The collaboration between Transak and MiniPay advances financial inclusivity and digital finance accessibility for a wider audience.
