In a groundbreaking collaboration, Xsolla, a prominent gaming industry player, partnered with BitPay to introduce XRP as a payment option for their extensive collection of games. Gamers can now employ the Ripple-affiliated cryptocurrency to acquire popular titles, including Roblox and Smitegame, ushering in a new era of convenience and accessibility.
BitPay took to X (formerly Twitter) to make the much-anticipated announcement today, revealing that enthusiasts of Xsolla’s gaming universe can now seamlessly leverage XRP to unlock their favorite experiences, whether it’s conquering foes in SMITE or crafting virtual worlds in Roblox.
Xsolla, an established company since 2005, has become a global powerhouse in the video game industry. They provide game developers with powerful tools and services to help them thrive in the competitive gaming landscape. Xsolla has played a significant role in assisting game creators in marketing, launching, and monetizing their creations on various platforms.
The platform’s core mission revolves around fostering global reach, expanding revenue streams, and forming lucrative alliances with top gamers, all while tackling the challenges of the international distribution of games. Their commitment to this vision is further underscored by their participation in Money 20/20, a prestigious event in Las Vegas, Nevada.
Xsolla and BitPay have been partners since 2014, working together to process Bitcoin (BTC) payments for gamers worldwide. Their partnership has endured, with Xsolla regularly adding support for various cryptocurrencies supported by BitPay. Recently, BitPay made it possible for Xsolla to become one of the early adopters of PayPal USD (PYUSD) payments, a significant milestone for online shoppers who want to enjoy a seamless transaction experience using a stablecoin.
Today, BitPay is excited to announce that Xsolla is broadening its cryptocurrency horizons by adding support for XRP, in line with BitPay’s efforts to offer versatile payment options. This expansion comes after BitPay embraced XRP in 2019 following its strategic alliance with Xpring, Ripple’s investment branch. However, like many crypto enterprises in the United States, BitPay temporarily halted XRP-related transactions due to regulatory uncertainties arising from the SEC’s legal actions against Ripple for alleged securities violations.
With the recent verdict affirming XRP’s non-security status, BitPay promptly reinstated the digital asset on its platform this August, making it available to users once more. BitPay users can now acquire XRP, securely store it in the BitPay Wallet, purchase gift cards, exchange XRP for other assets, and conduct transactions at many BitPay-affiliated merchants.
