PANews reported on November 20th that, according to CoinDesk, Opera's Celo blockchain-based stablecoin wallet, MiniPay, has launched a "local payment" function, allowing users in Argentina and Brazil to make purchases using USDT through the PIX and Mercado Pago systems without an intermediary exchange process. Users can directly scan a QR code, and the system handles the instant conversion of stablecoins to local currencies through the Noah backend; merchants only accept local currency. MiniPay plans to expand this function to more Latin American and Canadian markets and partner with El Dorado, AlfredPay, and Paytrie to provide onboarding and offboarding services.PANews reported on November 20th that, according to CoinDesk, Opera's Celo blockchain-based stablecoin wallet, MiniPay, has launched a "local payment" function, allowing users in Argentina and Brazil to make purchases using USDT through the PIX and Mercado Pago systems without an intermediary exchange process. Users can directly scan a QR code, and the system handles the instant conversion of stablecoins to local currencies through the Noah backend; merchants only accept local currency. MiniPay plans to expand this function to more Latin American and Canadian markets and partner with El Dorado, AlfredPay, and Paytrie to provide onboarding and offboarding services.
Opera's stablecoin wallet, MiniPay, integrates a local Latin American payment system.
PANews reported on November 20th that, according to CoinDesk, Opera's Celo blockchain-based stablecoin wallet, MiniPay, has launched a "local payment" function, allowing users in Argentina and Brazil to make purchases using USDT through the PIX and Mercado Pago systems without an intermediary exchange process. Users can directly scan a QR code, and the system handles the instant conversion of stablecoins to local currencies through the Noah backend; merchants only accept local currency. MiniPay plans to expand this function to more Latin American and Canadian markets and partner with El Dorado, AlfredPay, and Paytrie to provide onboarding and offboarding services.
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