Playtron rolls out Game Dollar stablecoin for gaming to enable purchases, subscriptions and rewards
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 statement. “With Game Dollar set to debut alongside the first SuiPlay0X1 units and run on the Sui blockchain, we’re witnessing the start of a new era where gamers not only play, but participate in dynamic, self-sustaining economies. We’re proud to support this bold step toward the future of gaming and digital commerce.”
“We’re excited to see Playtron harness M0’s universal stablecoin platform to reimagine the gaming payments experience in a unique way,” said Luca Prosperi, CEO at M0, in a statement. “This collaboration highlights the power of programmable money applied to real-world use cases, and our vision is that this is how the payments and rewards experiences of the future will look like.”
“Gaming is a global community, and financial access shouldn’t be a barrier. With Bridge powering seamless entry and exit points for Game Dollar, we’re making digital economies more inclusive for players—and radically simpler for developers,” said Zach Abrams, CEO at Bridge, in a statement. “They get stable, ready-to-use payments infrastructure that takes care of compliance and enables a global reach out of the box.”
Playtron is building the world’s first true gaming operating system—GameOS—uniting mobile, PC, and console games into a single seamless experience. GameOS is built for a new generation of PCs beyond Windows – exciting new form factors from handheld to living room and beyond.
Sui i Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences.
M0 is the universal platform powering builders of application-specific stablecoins. With M0, developers can build safe, programmable and interoperable digital dollars.
