World Series of Poker adds Solana payments for tournament buy-ins
The move marks an integration of blockchain-based payments into a major live sporting and gaming event.
What to know:
- The World Series of Poker is introducing Solana-powered crypto payments, allowing players to buy into tournaments with digital assets through MoonPay starting at this year’s WSOP in Las Vegas.
- The rollout will expand to WSOP Paradise in the Bahamas this December, where winners can opt to receive payouts in Solana-based stablecoins, bringing blockchain payments to one of the world’s biggest poker events.
Blockchain-based payments will then expand at WSOP Paradise in the Bahamas this December, where winners will have the option to receive payouts in stablecoins on Solana.
The move marks a noteworthy integration of blockchain-based payments into a major live sporting and gaming event, potentially streamlining cross-border transactions for the WSOP’s international player base.
WSOP CEO Ty Stewart said this aims to modernize payments for players. “We are incredibly proud to bring such an innovative and passionate community into the fold,” Stewart said. “Solana’s ecosystem, like the WSOP, constantly challenges conventions and remains laser-focused on the consumer experience.”
Read more: Solana is shedding its memecoin reputation as big banks move billions into its ecosystem
