The immensely popular online gaming network, Roblox, which boasts over 200 million active gamers every month, has opened the doors for them to purchase in-game items using crypto. XRP cryptocurrency This pioneering payment solution springs from a synergy between the in-game payment specialist, Xsolla, and the cryptocurrency facilitator, BitPay.
Keypoints
- Los Angeles-based gaming powerhouse Xsolla has rolled out XRP as a preferred payment method within its games, thanks to its collaboration with BitPay.
- As a result, Xsolla users can grab in-game merchandise using XRP for titles like Roblox and Smitegame.
- With the introduction of XRP, BitPay now supports an impressive roster of 16 leading cryptocurrencies.
Founded in 2005, the Los Angeles-headquartered Xsolla provides bespoke payment and transaction services for video game creators and publishers, overseeing transactions for Roblox across various systems including Windows, Mac, iOS, Android, Xbox, and PlayStation.
In Q1 2023 alone, Roblox users spent Gamers splurge approximately $773 million on in-game acquisitions. XRP integration smoothens the path for users to effortlessly connect their crypto wallets and draw funds for their purchases.
BitPay's announcement from October 17th stated that Xsolla has assimilated BitPay’s crypto processing tech into its Pay Station, paving the way for seamless crypto wallet integration. and the games .
The partnership between Xsolla and BitPay traces back to 2014, with Xsolla initially embracing Bitcoin payments through BitPay. Over time, BitPay has broadened its crypto offerings to now embrace 16 critical digital currencies.
In a strategic move in August 2023, BitPay included XRP in its global offering, spurred by Ripple's legal success which clarified regulatory concerns for XRP, allowing users to securely transact in XRP.
Xsolla's strategy emphasizes making cryptocurrencies a mainstream payment method in gaming, collaborating with crypto entities like Coinchange Financial and Crypto.com to facilitate NFT and token dealings.
Roblox’s decision to embrace XRP marks a significant stride in the gaming universe. for crypto payments in gaming Considering Roblox’s status as a titan in online gaming, this adoption could propel wider crypto acceptance for in-game transactions.
