Yello Paradisers! In a significant move towards cryptocurrency adoption in the gaming industry, Roblox, the popular online gaming platform, has integrated XRP as a valid payment method. This development was publicized through a tweet by BitPay on October 17th.
📰 BitPay Announces XRP Integration with Xsolla
The tweet highlighted that Xsolla, responsible for managing Roblox’s in-game payments, now supports XRP as a payment option. BitPay, a renowned cryptocurrency payment service provider, will facilitate the integration, ensuring a smooth transaction experience for users connecting their crypto wallets.
📰 Roblox’s Massive User Base
Roblox, accessible on various platforms including Windows, macOS, Android, iOS, Xbox One, and PlayStation 4, boasts an impressive 65.5 million daily active users. Notably, 44% of these users are below the age of 13. The platform’s popularity is further evident from the staggering $773 million spent by users on in-game purchases in the first quarter of 2023 alone.
📰 Xsolla’s Proactive Stance on Cryptocurrency
Xsolla has consistently shown enthusiasm for integrating cryptocurrency into its payment systems. In August 2022, collaborations with Coinchange Financials Inc. and TradeZing were initiated to craft a payment solution centered around non-fungible tokens (NFTs). A year later, in August 2023, Xsolla further expanded its crypto horizons by integrating Crypto.com’s checkout solution into its Pay Station platform.
📰 A Long-Standing Partnership
The collaboration between Xsolla and BitPay isn’t new. Their partnership dates back to 2014 when Xsolla began accepting BTC payments. Fast forward to September 2023, the duo introduced PayPal USD (PYUSD) payments, catering to both merchants and consumers.
