Opera Plans $160M CELO Stake, Seeks to Replace USD Payments with Crypto

Opera announced plans to acquire 160 million CELO tokens, aiming to hold a major stake in the Celo network and shift its payment system from US dollars to Celo tokens. This proposal highlights Opera's strategic commitment to expanding its involvement within the Celo ecosystem amid MiniPay's growing adoption. The community's approval will be critical for this transition, potentially setting a precedent for other companies embracing cryptocurrency payments.