ET 16:24

Opera Shares Surge 13% After MiniPay Wallet Adds USDT Support

IMP6.0
SNT+0.8
CONF95%
Operational

Opera Ltd. (OPRA: NASDAQ) shares rose over 13% on February 2, 2026, after its MiniPay wallet integrated Tether’s USDT stablecoin, the largest by market cap. The stock opened at $12.42 and peaked at $14.87 before closing at $14.10. MiniPay, a self-custodial wallet built on Celo and embedded in Opera’s mobile browser, now supports both USDT and Tether Gold. Murray Neil Spark, MiniPay’s Head of Commercial, called the integration a “logical step” given Tether’s dominance. USDT, with $185 billion in circulation, is primarily backed by U.S. Treasuries. Tether recently expanded U.S. operations under the GENIUS Act, launching the Anchorage Digital-issued USAT stablecoin. Opera reports over 12 million activated wallets, with strong adoption in Africa, Latin America, and Southeast Asia. However, the company has not disclosed how MiniPay contributes to revenue, raising questions about long-term monetization despite the market’s bullish reaction.

EditorTan Wei Jie