Opera Adds Tether USDT and Tether Gold to MiniPay; Shares Jump 17%
Opera announced expanded support for Tether’s USDT stablecoin and Tether Gold (XAUT) in its self-custodial MiniPay wallet. The update gives millions of users in emerging markets easier access to dollar-backed and gold-backed crypto, using MiniPay’s integrations with on- and off-ramps (Binance, Partna, Fonbank) and local payment rails via its “Pay like a local” feature. Opera says MiniPay has 12.6 million activated wallets, 3.64 million on-chain users, and processed over $153 million in stablecoin transactions in December. Following the announcement, Opera shares (OPRA) rose about 17% from a recent low to $14.65. The move aligns with Tether’s recent growth—Tether reported over $10 billion net profit in 2025 and continued gold purchases—potentially increasing USDT and XAUT adoption in markets with limited fiat access.
Bullish
This news is categorized as bullish. Expanded USDT and XAUT support in Opera’s MiniPay increases onramps for stablecoins and tokenized gold in emerging markets, likely raising transactional demand for USDT and XAUT and improving liquidity. MiniPay’s scale — 12.6M activated wallets and $153M in stablecoin flows in December — suggests meaningful user reach; integration with major ramps and local rails lowers friction for fiat-to-crypto flows. Historically, listings or broadened access on popular wallets and platforms (e.g., Coinbase listings, integration by major payment apps) often coincide with higher trading volumes and price support for the listed tokens, and can lift related equities (here, OPRA). Short-term, expect increased trading volume and positive sentiment for USDT/XAUT and a possible upward move in Opera’s stock; arbitrage and on-chain flow metrics may spike. Long-term, wider distribution in emerging markets can entrench USDT as a regional medium of exchange and raise steady demand for tokenized gold, though fundamental value of stablecoins remains peg-dependent and regulatory scrutiny could moderate effects. Risks: regulatory actions, counterparty issues with ramps, or changes in Tether’s reserve composition could temper the bullish outcome.