"Don't question it, maybe this firm sees the potential in XRP."
BitPay, a leading cryptocurrency payment service provider successfully signed an agreement with global video game trading company, Xsolla to integrate Ripple (XRP) tokens.
The integration means that XRP will be used as a payment method for their games such as Smitegame and Roblox, where players can buy or play through their favorite crypto.
Founded in 2005, Xsolla has become a major player in the gaming industry by offering essential tools to help game developers launch, monetize and distribute their creations on a global scale.
Xsolla which has over 200 million monthly active users and a daily active user base of approximately 65.5 million has seen huge financial success as users spent $773 million on in-game purchases in the first quarter of 2023.
As a result of the development, BitPay will not only facilitate the integration of XRP but also ensure that the crypto wallet connection for users of the game platform runs smoothly.
In addition to BitPay having more than 30 merchants that accept XRP, the digital asset is also integrated by other major players such as FCF Pay and Coinflip that allow thousands of merchants to accept crypto in its payment offering.
Currently, the price of XRP is still recording a decrease of 0.82% at $0.49 in the last 24 hours with a further $26 billion market cap slipping 0.12% over the last week.