Roblox Expands Payment Options with XRP Integration via BitPay
The post Roblox Expands Payment Options with XRP Integration via BitPay appeared on BitcoinEthereumNews.com. In a significant move that underscores the growing embrace of cryptocurrency in the gaming world, Roblox, the immensely popular online gaming platform boasting over 214 million monthly active users, has integrated XRP as a payment method. This development was announced today by BitPay, a prominent cryptocurrency payment processing service, on their official BitPay on X (formerly Twitter) account. Roblox’s decision to accept XRP is a strategic step aimed at expanding the options for in-game payments. The company responsible for handling in-game payments in Roblox, which is based in Los Angeles and known as Xsolla, has now integrated XRP as a payment choice. BitPay, a trusted partner in the cryptocurrency payment space, will be responsible for facilitating a seamless connection between Roblox users and their crypto wallets. Paving the Way for Crypto Adoption Roblox has gained immense popularity over the years, with 66.1 million daily active users enjoying the platform’s diverse games and virtual experiences. A remarkable 43.96% of these users are under the age of 13, highlighting the platform’s appeal to a broad demographic. In the first quarter of 2023, Roblox users spent a staggering $773.8 million on in-game purchases, further emphasizing the platform’s financial significance. Xsolla, the company behind the integration of XRP, has been actively pushing the boundaries of crypto adoption within the gaming industry. In August 2022, Xsolla formed strategic partnerships with the automated crypto management platform Coinchange Financials Inc. and the live-streaming social Web3 platform TradeZing, with the aim of developing a non-fungible tokens (NFTs) payment solution. This venture was part of a broader effort to explore new revenue streams and innovative solutions for the gaming ecosystem. Further underlining their commitment to the crypto sphere, in August 2023, Xsolla joined forces with Crypto.com, a well-known cryptocurrency exchange and payment platform. This collaboration resulted in the integration…
The post Roblox Expands Payment Options with XRP Integration via BitPay appeared on BitcoinEthereumNews.com.
In a significant move that underscores the growing embrace of cryptocurrency in the gaming world, Roblox, the immensely popular online gaming platform boasting over 214 million monthly active users, has integrated XRP as a payment method. This development was announced today by BitPay, a prominent cryptocurrency payment processing service, on their official BitPay on X (formerly Twitter) account. Roblox’s decision to accept XRP is a strategic step aimed at expanding the options for in-game payments. The company responsible for handling in-game payments in Roblox, which is based in Los Angeles and known as Xsolla, has now integrated XRP as a payment choice. BitPay, a trusted partner in the cryptocurrency payment space, will be responsible for facilitating a seamless connection between Roblox users and their crypto wallets. Paving the Way for Crypto Adoption Roblox has gained immense popularity over the years, with 66.1 million daily active users enjoying the platform’s diverse games and virtual experiences. A remarkable 43.96% of these users are under the age of 13, highlighting the platform’s appeal to a broad demographic. In the first quarter of 2023, Roblox users spent a staggering $773.8 million on in-game purchases, further emphasizing the platform’s financial significance. Xsolla, the company behind the integration of XRP, has been actively pushing the boundaries of crypto adoption within the gaming industry. In August 2022, Xsolla formed strategic partnerships with the automated crypto management platform Coinchange Financials Inc. and the live-streaming social Web3 platform TradeZing, with the aim of developing a non-fungible tokens (NFTs) payment solution. This venture was part of a broader effort to explore new revenue streams and innovative solutions for the gaming ecosystem. Further underlining their commitment to the crypto sphere, in August 2023, Xsolla joined forces with Crypto.com, a well-known cryptocurrency exchange and payment platform. This collaboration resulted in the integration…
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