Celo-based MiniPay stablecoin wallet from Opera has partnered with payment infrastructure provider Noah to provide a non-custodial solution for global-to-local stablecoin payments.
The announcement shared with Cryptonews argues that, while mainstream now, stablecoins still offer “a fragmented and inaccessible” experience. MiniPay’s and Noah’s partnership provides a fully non-custodial stablecoin payment feature that connects global banking rails with local payment methods, it claims.
Users can utilize this solution to receive, convert, and spend stablecoins via global and local rails within the same app. They retain full control of their funds and transact globally without intermediaries, the announcement claims.
More precisely, “soon,” users will be able to create virtual USD and EUR accounts in order to get payments from family, clients, or employees via ACH (Automated Clearing House) and SEPA (Single Euro Payments Area).
The funds will be automatically converted into USDT, USDC, or cUSD in the MiniPay wallet. Then, users can either spend the funds as stablecoins or withdraw them in a local currency.
Moreover, the teams argue that this novel feature addresses a need specifically among freelancers in Africa and Latin America, as well as migrant workers sending and teams situated in different locations. It meets these needs by removing barriers, such as high fees and requiring foreign bank accounts.
“It also represents a turning point,” the announcement says. “For the first time, users can receive USD or EUR via traditional banking rails and use these funds through stablecoins without needing custodians, exchanges, or third-party apps.”
“This is a category-defining moment,” argues Noah CEO and Founder Shah Ramezani. “Together with MiniPay, we’re offering users global earnings with local access – no intermediaries, no delays, no friction.”
Spending Stablecoins Via Familiar Local Rails
The announcement explains that local payment methods dominate many regions globally. Therefore, MiniPay wallet and Noah provide a way for users to receive international payments in stablecoins and spend using these familiar payment methods, the two say.
Moreover, MiniPay has over 8 million activated wallets, 200 million processed transactions, and it’s available in over 50 countries. However, the new functionality extends users’ ability to send payments to over 70 destinations. This happens through local rails like M-Pesa in Kenya, Pix in Brazil, and bank transfers in Nigeria.
Noah, fully compliant in over 70 countries, brings to the table an API that connects fiat and crypto payment flows across Latin America, Africa, and Asia. Therefore, the partnership between the two teams does away with obstacles to adoption and enables the MiniPay balance to be useful locally and natively, with everything happening within the MiniPay wallet.
“This announcement isn’t about payments in theory, but about global earnings and local spend in practice,” said Murray Spark, Head of Ecosystem and Commercial at MiniPay. “By combining global rails like ACH with local payment methods like M-Pesa, all within MiniPay’s simple, non-custodial wallet, we’re unlocking stablecoin utility for everyday users.”
The post Opera’s Celo-Based MiniPay Wallet Launches Global-to-Local Stablecoin Payments with Noah appeared first on Cryptonews.
