Visa partnered with Opera's MiniPay to launch a digital debit card. This card allows users to spend stablecoin holdings. It works at over 175 million merchant locations worldwide.
Gnosis Pay powers the card. It bridges MiniPay's Celo-based stablecoin wallet with Visa's global payment network. The card converts crypto to traditional currency at the point of sale.
The new digital Visa card is available to eligible MiniPay users. It serves selected markets across Europe, Africa, Latin America, and Southeast Asia. The service aims to make digital currencies practical for everyday transactions. This targets high-growth markets where users increasingly save and transact with digital dollars. The card integrates with Apple Pay and Google Pay for contactless payments.
MiniPay launched in 2023. It has grown to over 16 million activated wallets. The card features no monthly or annual fees. It charges only a nominal foreign exchange fee on transactions. This lowers the barrier for users to spend stablecoin balances like traditional currency.