Opera shares jump 17% after announcing expanded support for Tether tokens
Summary
Browser maker Opera experienced a significant stock surge, with shares jumping more than 17% after announcing that its self-custodial crypto wallet, MiniPay, will expand support for Tether's USDT stablecoin and tether gold (XAUT0). This expansion aims to provide millions of users, particularly in emerging markets, with broader access to dollar-backed and gold-backed cryptocurrencies without needing to navigate blockchain complexities. MiniPay currently has 12.6 million activated wallets and processed over $153 million in stablecoin transactions in December, connecting users to fiat on/off-ramp providers. Opera's stock, which had recently dipped, recovered to $14.65 following the news.
(Source:CoinDesk)