Playtron, a Web3 gaming operating system, announced plans to roll out Game Dollar, a stablecoin for gaming that will be used to power purchases, subscriptions, and rewards across Playtron’s and other gaming ecosystems in the future.
Game Dollar will be used to power Playtron’s GameOS, aiming to unify gaming ecosystems across platforms, where gaming economies remain mostly siloed.
With Game Dollar, Playtron seeks to create a neutral, programmable financial layer across games and gaming marketplaces, giving a seamless and consistent experience for payments and rewards. Game Dollar will be built on top of the M0 stablecoin platform with seamless payments APIs powered by Bridge-supporting game marketplaces, publishers, and gamers. Game Dollar will initially launch exclusively on Sui.
Importantly, Game Dollar will be available for use in a new, first-of-its-kind handheld gaming console, the SuiPlay0X1, allowing for payments and rewards on a wide range of PC games as well as new titles developed using the Sui blockchain within the console.
“Playtron’s GameOS reimagines how we play the games we love. Through this lens it became clear: stablecoins will become a financial backbone for the $500B global gaming economy. That’s why Playtron is excited to announce Game Dollar, the stablecoin built for games and ready to handle massive transaction volume over the next decade,” said Kirt McMaster, CEO of Playtron, in a statement. “Game Dollar will unlock new economic models for developers and marketplaces while enabling consumer incentives only possible via programmable dollars.”
“Programmable stablecoins are the next evolution of digital assets, and Game Dollar is a powerful example of how this innovation unlocks real utility in one of the world’s most dynamic sectors,” said Adeniyi Abiodun, chief product officer of Mysten Labs, in a statemen …