Celo-Based MiniPay Stablecoin Wallet Now Live on iOS and Android

By: crypto news|2025/05/14 13:00:15
0
Share
copy
Stablecoin wallet MiniPay is now available as a standalone application on iOS and Android, available to users in over 50 countries.MiniPay is a lightweight, non-custodial stablecoin wallet built on Celo’s mobile-first Ethereum Layer-2 blockchain network and developed by Opera company Blueboard Limited.According to the press release, MiniPay enables users to send funds globally without complexities, as if sending an email or a text.Users can sign up using their phone number and a Google or iCloud account. This will also allow them to back up and restore their wallets. There are no seed phrases or wallet addresses, the team saysA simple, mobile-first design with seamless onboarding and no crypto complexity. MiniPay is a stablecoin wallet that feels like an app, not a protocol – it’s as simple as this:Send and receive with phone numbersSign up & restore with Google & iCloud Swap between...— MiniPay (@minipay) May 13, 2025Furthermore, MiniPay allows free swaps between supported stablecoins via the Pockets feature. The latter was developed in partnership with Mento Labs. The announcement highlights that stablecoin support also serves as a safeguard against local fiat currency volatility.Next, Celo enables users to send stablecoins globally for less than $0.01. It also provides local payments in specific regions via Mini Apps for purchases, donations, music streaming, etc.Moreover, the team claims that its expanding partnership network enables moving between stablecoins and local currencies within a minute. Partners include Onramper, Transak, Binance, Unlimit, Yellow Card, Partna, Banxa, Fonbnk, Cashramp, and others.7 Million Unique MiniPay Wallets to DateMiniPay was launched in September 2023 and was originally an integration in Opera Mini. Per the announcement, it has onboarded over 7 million unique wallets to date. Also, it has become the most downloaded browser in Africa. Notably, the release as a standalone app on Android in October added one million downloads.Therefore, the team expects that this latest move as well will boost the usage of stablecoins as an everyday, mainstream currency for global transfers, payments at local businesses, and savings.“MiniPay becoming a standalone app is a crucial step in helping people around the world access the global dollar system,” said Jørgen Arnsen, EVP Mobile at Opera. Users can send, receive, spend, and save money “anywhere in the world, and then put their funds to use in so many different ways within our growing ecosystem of Mini Apps. And no one needs to know the complexities of blockchain or crypto,” Arnsen says.With more than 7 million wallets created across 50+ countries, MiniPay users have access to an intuitive, low-cost platform to send, receive & spend stablecoins instantly & securely.All it takes is a phone number & a Google or iCloud account to set up your non-custodial wallet.— MiniPay (@minipay) May 13, 2025The team emphasizes that MiniPay and Celo provide a near-zero fee solution. This is particularly relevant in regions like Africa and Latin America, where remittance flows enable users to support their families and local economies.Additionally, the low-fee feature is necessary for freelancers, remote workers, and users in regions with volatile local currencies.“The MiniPay wallet and its ecosystem of Mini apps allow millions of users to transact with stablecoins for everyday activities like saving, spending, streaming music, or paying for groceries on terms they understand, and in local currencies they trust,” said Rene Reinsberg, Celo Co-Founder and Celo Foundation President.“As a standalone app, MiniPay and the Mini app ecosystem serve as the gateway to the new onchain economy, aligned with Celo’s mission to create prosperity for all,” Reinsberg concluded.Meanwhile, MiniPay recently announced integration with Binance Connect, the official fiat-to-crypto gateway by crypto exchange Binance.The post Celo-Based MiniPay Stablecoin Wallet Now Live on iOS and Android appeared first on Cryptonews.

You may also like

What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.

Why Is Bitcoin Down in 2026? What We Can Learn From 2022

Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com