Stablecoins in Gaming Infra ‘Long Overdue’: M0 Cofounder

Gaming operating system Playtron is launching a new programmable stablecoin, Game Dollar, in order to power purchases, subscriptions and rewards in its gaming ecosystem. Built on the Layer 1 (L1) Sui blockchain, Playtron said in a release shared with the Defiant that Game Dollar is “intended to create a neutral, programmable financial layer across games and gaming marketplaces, offering a seamless, consistent experience for payments and rewards.” The stablecoin will also be used for payments and rewards on the SuiPlay0X1, a handheld gaming device that will support a wide range of games including console, mobile and PC games, as well as web3 games developed within the Sui ecosystem. SuiPlay0X1’s developers said that it has pre-sold all 10,000 units in the initial run. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant