Opera’s MiniPay Connects Stablecoins to Latin American Payment Systems

TLDR

• Opera’s MiniPay wallet now supports USDT, a stablecoin, for local payments in Argentina and Brazil.
• The “Pay like a local” feature connects MiniPay balances to Mercado Pago in Argentina and PIX in Brazil.
• Users can make real-time payments at local shops without currency conversion or hidden fees.
• The integration simplifies payments by automatically converting stablecoins into local currencies, such as Argentine Pesos and Brazilian Real.
• MiniPay expands its reach in Latin America through partnerships with El Dorado and Alfred for seamless currency conversion.

Opera’s MiniPay wallet now connects stablecoin USDT to local payment systems in Latin America. This integration enables users to make real-time payments through Mercado Pago in Argentina and PIX in Brazil. The “Pay like a local” feature leverages Noah to facilitate seamless transactions without currency conversion or hidden fees.

MiniPay Enhances Payment Accessibility with Noah Integration

Opera’s new feature helps users pay in local currencies using their stablecoin balances. Through Mercado Pago in Argentina and PIX in Brazil, MiniPay users can pay directly at local shops. Mercado Pago holds a 68% market share in Argentina, making it a dominant payment platform, while PIX processes more transactions than credit and debit cards in Brazil.

Murray Spark, the Head of Commerce at MiniPay, explained that the integration empowers stablecoin holders to spend like locals. “This bridge helps crypto users avoid card rejections, hidden fees, and poor exchange rates,” he said. Spark emphasized that the feature provides a smooth payment experience for travelers in Latin America, where traditional payment systems may not always work.

The new functionality also simplifies the process for MiniPay users by automatically converting stablecoins into local currencies. Users see the quoted amount in US dollars, while MiniPay handles the conversion to Brazilian Real or Argentine Peso. This makes it easier for travelers and locals alike to make purchases with stablecoin balances.

El Dorado and Alfred Join Opera’s Network

MiniPay is expanding its reach in Latin America with the addition of El Dorado and Alfred as partners. El Dorado, a P2P on- and off-ramp service, enables users to convert local fiat into USDT quickly. The platform also facilitates instant money transfers and offers transparent pricing across six Latin American countries.

Alfred complements this expansion by providing compliant liquidity and cash-in/cash-out options throughout the region. With these new partners, MiniPay aims to offer consistent value transfer options for users across Latin America. The multi-ramp approach helps ensure that MiniPay users can easily move between local currencies and stablecoins in these countries.

Opera has also announced that Paytrie, a Canadian MSB, will join the network. This will enable low-cost, cross-border transfers between Canada, the U.S., and Latin America. The addition of El Dorado, Alfred, and Paytrie strengthens MiniPay’s presence in the region and supports its vision for seamless value transfers across borders.

Opera’s MiniPay continues to innovate with plans for even more user-friendly payment features. The company is working on supporting PIX payments via QR codes, enabling users to scan and pay directly from their MiniPay wallets. Julia Syzndzielorz, Opera’s Director of Global Comms, confirmed that this feature is expected to launch soon.

The planned integration will allow users to make payments without manually converting to USDT or relying on centralized exchanges. With these developments, Opera continues to position MiniPay as a reliable tool for everyday spending in Latin America, further enhancing the usability of stablecoins in the region.

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