latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

USDC Stablecoin Comes to Flow as NBA Top Shot Nets $2 Million

USDC Stablecoin Comes to Flow as NBA Top Shot Nets $2 Million
Dapper Labs announced today that it has partnered with Circle to enable credit and debit card payments that settle in USD Coin (USDC),  beginning with the officially-licensed NBA Top Shot game .
Decentralized apps ( dapps ) and games that run on the Flow blockchain will now potentially be opened up to a more mainstream audience that can pay for digital collectibles with more traditional payment options, rather than just cryptocurrency .
USD Coin is a regulated stablecoin that is both backed by and kept at a steady 1:1 basis with the US dollar. It’s used by banks in more than 80 countries, with more than 2 billion USDC now in circulation and $115 billion transacted on-chain to date.

The partnership has already started with NBA Top Shot, Dapper Labs’ digital collectibles game that is currently in beta. Along with being a major license, it has also helped raise the profile of the CryptoKitties developer, with several current NBA players joining in on the firm’s recent $12 million investment round .
According to a Dapper Labs representative, NBA Top Shot has now brought in $2 million in revenue since June during its closed beta test, across 58,081 transactions. USDC integration has already been present in the beta version, the representative told Decrypt , and could help broaden the market for the game as it eventually opens up to the public.
NBA stars lead $12M investment in CryptoKitties makers Dapper Labs
"Dapper is a true pioneer in media and entertainment seizing decentralized blockchain technologies to provide consumers with experiences never before possible," said Jeremy Allaire, CEO and co-founder of Circle, in a release . "We are proud to be part of the story, enabling Dapper customers to fully participate in unique and highly engaging digital game economies with familiar methods of sending and receiving payments, while also getting the benefits of digital currency."
Dapper Labs is best known as the creator of CryptoKitties, the innovative crypto game that crashed Ethereum early in its lifespan. CryptoKitties has started migrating to Flow , which will also house other upcoming Dapper projects such as its Dr. Seuss digital collectibles . shares this Contents always with License.

Thank you for Share!



Search about Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


Today Most Popular News