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Cryptocurrency News Articles

Playtron Unveils Game Dollar Stablecoin Targeting Q4 2025 Launch

May 06, 2025 at 07:52 pm

Playtron Unveils Game Dollar Stablecoin Targeting Q4 2025 Launch

Playtron, the minimal Windows-based web3 gaming OS startup, has announced its gaming stablecoin Game Dollar, which it plans to launch in Q4 2025.

Co-built by Playtron and M0 Foundation, Game Dollar will be dollar pegged 1:1 and is designed for purchases, subscriptions and rewards across Playtron’s GameOS ecosystem. It’s based on the M0 stablecoin platform, meaning it’s backed by the M token, which itself is backed by US treasuries.

Notably, GameOS is the operating system being used in Sui’s now-sold-out SuiPlay0X1 gaming handheld. Hence the Game Dollar will initially launch exclusively on the Sui blockchain, and expand to other chains and gaming ecosystems in future.

“Gamers don’t just play anymore. They mint and trade, resulting in dynamic, self-sustaining economies – which will soon be powered by Game Dollar,” a spokesperson from Sui had said.

Going further into the key features of a programmable game-centric stablecoin, M0’s chief architect Greg Di Prisco explained in a Spaces stream on X that “When builders want to launch a stablecoin, they don’t care about licensing. They just want to embed their own programmable dollars, control their own destiny, and earn fair profits on the transaction flows.”

As such GameDollar looks to create one financial layer across various games, chains and game marketplaces, offering a unified consistent experience for payments and rewards.

In addition to holding a fixed value against a dollar, Game Dollar will also be offering yield to its holders.

More generally, stablecoins have been an increasingly significant element of crypto in the traditional financial market with payment companies such as Stripe and PayPal announcing their adoption, as well as banks including JP Morgan, Standard Chartered and Fidelity Investments.

Stablecoin usage also continues to soar with a record $1.9 trillion-dollars-worth of onchain transaction recorded in April 2025.

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Other articles published on Jun 08, 2025