The World Series of Poker (WSOP) is bringing cryptocurrency payments to its global tournament circuit by partnering with the Solana Foundation.
The world’s largest and most prestigious poker tournament series will allow players to use Solana-based payouts, powered by MoonPay, to participate in tournaments with no processing fees, starting at the WSOP in Las Vegas.
Blockchain-based payments will expand at the WSOP Paradise in the Bahamas this December, where winners will have the option to receive payments in stablecoins on Solana.
The move marks a notable 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 is aimed at modernizing payouts for players. “We are incredibly proud to bring on board such an innovative and passionate community,” Stewart said. “The Solana ecosystem, like the WSOP, constantly challenges convention and remains focused on the consumer experience.”
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