Tag: USDC

cryptogames-pepe-uscdc

CryptoGames Now Supports USDC and PEPE Payments

Posted on by Laura P.

Leading cryptocurrency iGaming platform CryptoGames is setting a new standard for the industry by integrating PEPE and USD Coin (USDC) into its payment ecosystem. This move is part of a broader trend where the lines between blockchain gaming, decentralized finance (DeFi), and digital culture are becoming increasingly blurred.

Generally, as crypto casinos continue to expand their financial ecosystems with hybrid wagering options, cross-platform liquidity, and tokenized gaming assets, the future of iGaming is set to become more inclusive, dynamic, and player-focused. But what exactly, is CryptoGames’ new offerings bringing to the table?

PEPE: A Meme Coin That Packs More Than Just Fun

While meme coins were first written off as little more than a passing fad, their use in online casinos is changing that. With a committed following and high market value, PEPE, a cultural phenomenon that has been transformed into a legitimate digital currency, is a fascinating addition to the other payment options that CryptoGames offers. The platform taps into a tech-savvy demographic that values easy access to money and entertainment-driven practicality by allowing PEPE deposits and withdrawals using Ethereum (ERC20).

USDC: Delivering Stability for a Secure Gambling Experience

For players who prioritize predictability in their bankroll management, the integration of USD Coin (USDC) at CryptoGames provides a much-needed alternative to volatile cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). As a stablecoin pegged to the US dollar (1 USDC = 1 USD), USDC ensures that players can enjoy their favorite casino games without the risk of sudden market crashes affecting their funds.

USDC deposits are all available through Ethereum (ERC20), Binance Smart Chain (BEP20), and Polygon, giving players multiple options for secure transactions. While withdrawals are currently processed exclusively through Ethereum (ERC20), this feature allows gamblers to engage in crypto gaming with the confidence that their funds maintain a consistent, reliable value.

A Wake-Up Call for More Operators

For the iGaming sector, where blockchain casinos are slowly growing into whole financial ecosystems rather than just gaming platforms, this move also represents a broader change. More and more decentralized financial tools, cross-platform liquidity, and hybrid wagering choices combining crypto and fiat components are becoming available to players thanks to stablecoins, meme coins, and DeFi-based solutions. Moreover, in the years to come, these advances are expected to influence how gambling platforms function as regulatory frameworks around cryptocurrency and online gaming continue to evolve.

Solana-Pay-Share

Solana Pay Ventures into the Crypto Payments Space

Posted on by Martin S.

While crypto has certainly revolutionized online payment in many respects, the sector still has more room to grow and advance further. There have been lots of different initiatives and developments dedicated to solving some of the things that have plagued crypto payments. Stablecoins and Bitcoin’s Lightning Network, for instance, were all dedicated to bringing some much-needed improvements to the sector.

Now, Solana Labs is hoping to make its play for the crypto payments sector with a solution it believes will be a gamechanger. The company has co-developed software that it will use to help merchants accept payments via the Solana network.

While still relatively new, the Solana network has been steadily growing in popularity. Today, it is the blockchain network that is the Ethereum network’s biggest competitor. That is because it offers a solid range of products and services. The most notable ones are the cheaper, faster, and more scalable transaction processing capabilities that the network boasts of.

Its new product is aimed at facilitating merchant payments and commerce rails. Both are very lucrative and thus a provider that offers the most value in terms of costs and instant payment settlements can tap into this unique growth opportunity.

No Middleman

Perhaps the most interesting thing about Solana’s new venture is that it lives up to the promise of crypto. Using QR codes, users will be able to make direct peer-to-peer (P2P) payments. All they need to have is a valid cryptocurrency wallet.

According to Solana Labs Head of Payments Sheraz Shere, the new product has the potential of paving the way for the future of mainstream crypto use. The fact that there is no need for a middle man taxing every transaction makes it very appealing to both merchants and consumers.

“Now that we have a blockchain that has the throughput, speed and scalability and low fees of traditional payment networks – 50,000 transactions per second and sub-second transfer times, we can potentially build a merchant payment system that’s truly on the blockchain, and most importantly, that’s peer-to-peer and decentralized and permissionless.”

Sheraz Shere, Solana Labs’ Head of Payments.

For those who may be concerned about volatility, the new product is particularly focused on USDC. According to the company, USDC transfers are the best way to go as they are not only simple to execute but also unlikely to add any stress to the network.

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