Benzinga - Roblox (NYSE: RBLX) has denied the inclusion of Ripple (CRYPTO: XRP) on its payment platform. The response comes on the heels of BitPay claiming that the online gaming platform's manager Xsolla will accept the token for in-game purchases
The claim, originally reported by Cointelegraph, was made by BitPay in a now-deleted X post.
A Roblox spokesperson confirmed to Benzinga that Los Angeles-based Xsolla is one of its payment providers, but it does not enable crypto, "including Ripple on the platform."
Upon questioning the tweet's deletion, Bill Zielke, CMO of BitPay, emailed Decrypt stating, “There was an error in the tweet. We will have more tweets about merchants accepting crypto in the near future. Stay tuned.”
Also Read: How Today's Gaming Industry Intertwines With Blockchain, Crypto, NFTs, Tokenization
What Happened: Roblox boasts more than 200 million active users and 65.5 million daily active users. Roblox allows users to design and participate in games made by their peers, and it's particularly popular among children and teenagers. The user base of Roblox is 44% under 13 years of age. Notably, In Q1 2023, Roblox users reported around $773 million in its in-game spending.
In September 2023, Xsolla and BitPay joined hands to introduce PayPal USD (PYUSD) payments for merchants and consumers. In August 2023, Xsolla teamed up with Crypto.com, a cryptocurrency exchange and payment platform, to integrate the latter’s checkout solution into the former’s Pay Station platform, thereby making it easy for gamers to make payments in crypto, Decrypt reported.
Now Read: Epic Games, Zynga, EA, Activision, Google Veterans Drive Onchain Gaming With Proof Of Play's $33M Funding
Benzinga's Future of Digital Assets conference is scheduled for Nov. 14. Attend and learn more about the benefits of widening the in-house gaming payments system to crypto. The gathering is seen as pivotal for the digital assets community. The event will spotlight the latest trends, innovations, and challenges in the digital asset realm.
Photo: Roblox
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