Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Opera stock jumps 15% after announcing expan Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Opera stock jumps 15% after announcing expan

Opera stock jumps 15% after announcing expanded support for Tether tokens

Author: Coindesk

Source: Coindesk

2026/02/03 02:40

Markets

Share this article

Copy linkX (Twitter)LinkedInFacebookEmail

Opera stock jumps 15% after announcing expanded support for Tether tokens

MiniPay has 12.6 million activated wallets and processed over $153 million in stablecoin transactions in December, connecting users to crypto on- and off-ramp providers.

By Francisco Rodrigues|Edited by Nikhilesh De, Stephen Alpher

Updated Feb 2, 2026, 7:13 p.m. Published Feb 2, 2026, 6:40 p.m.

Make us preferred on Google

(Zulfugar Karimov/Unsplash/Modified by CoinDesk)

What to know:

Opera's stock surged 15% after the company announced expanded support for Tether's USDT and its gold-backed cryptocurrency, XAUT, in its MiniPay wallet.
MiniPay has 12.6 million activated wallets and processed over $153 million in stablecoin transactions in December, connecting users to crypto on- and off-ramp providers.
The partnership aims to expand access to dollar- and gold-backed cryptocurrencies in emerging markets by leveraging Opera's "Pay like a local" feature across multiple countries.

Browser maker Opera’s (OPRA) shares surged more than 15% after the opening bell after the company announced it’s expanding support for Tether’s USDT stablecoin and tether gold (XAUT0) in its self-custodial crypto wallet MiniPay.

The move brings broader access to dollar-backed and gold-backed cryptocurrencies for millions of users in emerging markets.

STORY CONTINUES BELOW

Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Sign me up

By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.

Shares of Opera slid over the past week to a $12.40 low before the announcement helped them rise 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 the blockchain.”

The wallet, which boasts more than 3.64 million onchain users, processed over $153 million in stablecoin transactions in December alone, according to Opera.

MiniPay is not a financial service itself but connects users to on- and off-ramp providers like Binance, Partna and Fonbank, helping bridge fiat and crypto economies. Last year, the company rolled out a “Pay like a local” feature, allowing users to pay in Argentina using Mercado Pago and in Brazil using Pix, the instant payment systems of each country

Since then, the feature has expanded to include instant SEPA payments in Europe and instant bank transfers in Nigeria.

Tether earlier this month reported it made over $10 billion in net profit for 2025, driven by the growth in its USDT stablecoin and its underlying U.S. Treasury holdings. The firm has been buying up to $1 billion of gold per month as it bets on the precious metal alongside BTC.

OperaTetherTether Gold

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.