Opera announces support for Celo stablecoins in its crypto wallet app

Cointelegraph

Published Jun 25, 2021 12:06PM ET

Updated Jun 27, 2021 02:20PM ET

According to a release issued on Friday, the inclusion of stablecoins is part of a broader integration with the Celo (CELO) network. Opera (NASDAQ:OPRA) says the move will enable greater payment flexibility for millions of its users around the world.

Celo’s stablecoins are tied to their respective fiat currency pegs with both cUSD and cEUR reportedly backed by a basket of cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), held in the Celo Reserve.

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