Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Crypto News

Playtron Reveals M0-Powered ‘Game Dollar’ Stablecoin for Gaming Payments

by
May 2, 2025
in Crypto News
0
Playtron Reveals M0-Powered ‘Game Dollar’ Stablecoin for Gaming Payments
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Gaming operating system Playtron plans to launch Game Dollar on Sui with support from stablecoin platform M0 and payments platform Bridge.

Per the press release shared with Cryptonews, Game Dollar will be a stablecoin specifically for gaming. Players will use it for purchases, subscriptions, and rewards across Playtron’s and, eventually, other gaming ecosystems.

Also, the novel stablecoin will power Playtron’s gaming operating system GameOS, which aims to untie gaming platforms and ecosystems.

More specifically, the team says that Playtron will work to create “a neutral, programmable financial layer across games and gaming marketplaces.” This way, it’ll establish a consistent experience for payments and rewards.

GAME DOLLAR is to PLAYTRON what APPLE PAY is to IPHONE. https://t.co/ZjCJGW1mBo

— PLAYTRON (@PLAYTR0N) May 2, 2025

As for initial partners, the team will build Game Dollar on top of the M0 stablecoin platform. Also, it will utilize Bridge’s payments APIs to support game marketplaces, publishers, and gamers.

Moreover, the stablecoin will launch exclusively on the Sui blockchain and will be available on the handheld gaming console SuiPlay0X1. The device is available for preorder.

Meanwhile, in September 2024, Playtron announced a strategic investment from Japanese gaming giant Square Enix.

Hideaki Uehara, General Manager, Investment, and Business Development of Square Enix, commented that the collaboration would leverage Playtron’s GameOS to “expand distribution of Square Enix’s portfolio of beloved franchises and explore new creative possibilities that are only possible when harnessing the full power of an operating system.”

You might also like
Mysten Labs Aims for 2025 Delivery of its Handheld Gaming Device with Sui Blockchain Integration

Game Dollar Merges Payments Across Gaming Platforms

Playtron says that GameOS seeks to unite mobile, PC, and console games into a single experience. It enables all users to link their existing gaming provider accounts, thus bringing their entire library into one.

This includes Steam, Epic Games, GOG, and other platforms. Furthermore, the operating system supports many handheld gaming devices including Valve Steam Deck, ASUS, AYANEO, Lenovo, GPD Win, and more to come. Desktop PC is to come as well, the website says.

Furthermore, Game Dollar will be “a key component” of GameOS, with the team aiming to “unify payments and rewards experiences across gaming platforms.”

3/ @LucaProsperi, Co-Founder and CEO of M0 said pic.twitter.com/79mu2AxkTP

— M0 (@m0foundation) May 2, 2025

Adeniyi Abiodun, co-founder and CPO of Mysten Labs, argues that programmable stablecoins are the next evolution of digital assets. Game Dollar, says CPO, will expand utility for this sector. “We’re witnessing the start of a new era where gamers not only play, but participate in dynamic, self-sustaining economies.”

Moreover, Kirt McMaster, co-founder and CEO of Playtron, opined that stablecoins will become a financial backbone for the $500 billion global gaming economy. Per the CEO, Game Dollar will have a role to play here, given that it can handle massive transaction volume over the next decade.

“Game Dollar will unlock new economic models for developers and marketplaces while enabling consumer incentives only possible via programmable dollars,” McMaster says.

Finally, Bridge CEO Zach Abrams notes that financial access tends to be a barrier to gaming, despite it being a global community.

Abrams says that Bridge will power “seamless entry and exit points for Game Dollar” to make “digital economies more inclusive for players and radically simpler for developers. They get a stable, ready-to-use payments infrastructure that takes care of compliance and enables a global reach out of the box.”

You might also like
Stripe to Launch USD Stablecoin for Global Markets Beyond US, UK, and Europe

The post Playtron Reveals M0-Powered ‘Game Dollar’ Stablecoin for Gaming Payments appeared first on Cryptonews.

Previous Post

Trump declares May 8 as ‘Victory Day’ for World War II: ‘Going to start celebrating our victories again!’

Next Post

Kraken Spots North Korean Job Seeker Attempting to Gain Exchange’s Access

Next Post
Kraken Spots North Korean Job Seeker Attempting to Gain Exchange’s Access

Kraken Spots North Korean Job Seeker Attempting to Gain Exchange’s Access

  • Trending
  • Comments
  • Latest
As REAL ID rollout approaches, congressional privacy hawks largely silent on concerns

As REAL ID rollout approaches, congressional privacy hawks largely silent on concerns

April 22, 2025
Dogecoin Price Skyrockets 17.7% This Week: DOGE’s $27.8B Market Cap Now Towers Over Cardano – What’s Next?

Dogecoin Price Skyrockets 17.7% This Week: DOGE’s $27.8B Market Cap Now Towers Over Cardano – What’s Next?

April 27, 2025
On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

April 28, 2025
‘Wouldn’t tolerate it’: House Republican calls second Hegseth Signal report ‘unacceptable’

‘Wouldn’t tolerate it’: House Republican calls second Hegseth Signal report ‘unacceptable’

April 21, 2025
Trump administration plans to overhaul National Security Council, weeks after Waltz’s departure

Trump administration plans to overhaul National Security Council, weeks after Waltz’s departure

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
Trump administration plans to overhaul National Security Council, weeks after Waltz’s departure

Trump administration plans to overhaul National Security Council, weeks after Waltz’s departure

May 24, 2025
Editor’s Picks: ECB Issues Gold Warning, Uranium Stocks Jump on Trump Executive Orders

Editor’s Picks: ECB Issues Gold Warning, Uranium Stocks Jump on Trump Executive Orders

May 23, 2025
Josef Schachter: Oil to US$80 by Q4? Plus When to Buy the Dip in Stocks

Josef Schachter: Oil to US$80 by Q4? Plus When to Buy the Dip in Stocks

May 23, 2025
Trump’s $TRUMP Coin Gala Under Fire: Lawmakers Push For DOJ Inquiry Ethics of Exclusive Dinner

Trump’s $TRUMP Coin Gala Under Fire: Lawmakers Push For DOJ Inquiry Ethics of Exclusive Dinner

May 23, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Trump administration plans to overhaul National Security Council, weeks after Waltz’s departure

    Trump administration plans to overhaul National Security Council, weeks after Waltz’s departure

    May 24, 2025
    Editor’s Picks: ECB Issues Gold Warning, Uranium Stocks Jump on Trump Executive Orders

    Editor’s Picks: ECB Issues Gold Warning, Uranium Stocks Jump on Trump Executive Orders

    May 23, 2025
    Josef Schachter: Oil to US$80 by Q4? Plus When to Buy the Dip in Stocks

    Josef Schachter: Oil to US$80 by Q4? Plus When to Buy the Dip in Stocks

    May 23, 2025
    Trump’s $TRUMP Coin Gala Under Fire: Lawmakers Push For DOJ Inquiry Ethics of Exclusive Dinner

    Trump’s $TRUMP Coin Gala Under Fire: Lawmakers Push For DOJ Inquiry Ethics of Exclusive Dinner

    May 23, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved