Categories: MarketsMenafn

Overdare to Feature In-Game USDC Wallets

The metaverse gaming venture Overdare and stablecoin giant Circle have announced a strategic partnership poised to redefine the landscape of gaming content monetization. 

This alliance aims to integrate Circle’s advanced Programmable Wallets service within the Overdare platform, offering a seamless avenue for game content creators to receive earnings in USD Coin (USDC), a stablecoin pegged to the US dollar. 

Bridging Web2 and Web3 Worlds With USDC

Overdare, developed jointly by Naver Z and Krafton, was introduced in September 2023 as an NFT-driven mobile game reminiscent of Roblox and powered by Unreal Engine 5. 

The integration of Circle’s Programmable Wallets facilitates in-game wallets and USDC payouts, offering a stable and reliable method for content creators to access their earnings. The new partnership with Overdare will also streamline revenue flows for creators and mark a significant leap towards integrating Web3 technologies into mainstream gaming.

Henry Park, CEO of Overdare, highlighted the significance of the partnership with Circle, praising its potential to provide creators with “reliable access to their earnings” through a regulatory-compliant framework.

Meanwhile, Circle’s co-founder and CEO, Jeremy Allaire, said the collaboration will “be a catalyst in shaping the future of digital entertainment, ultimately fostering an innovative Web3 environment for all.”

The partnership arrives amid a surge in interest and investment in blockchain gaming tokens, exemplified by the recent valuation spike of the Web3 game Pixel’s cryptocurrency following its listing on Binance.

Overdare plans to establish transparent revenue distribution across various platforms with the help of Circle’s programmable wallets. The company also intends to implement this technology to manage assets for creators transitioning to web3 platforms.  While the exact dates have not been disclosed, the company aims to launch the platform worldwide in the second half of 2024.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

Forex Expo Dubai 2025 Conference to Feature 150+ Global FX and Fintech Leaders

Part of the region’s largest forex and fintech gathering, the two-day conference on 6–7 October…

10 minutes ago

Zcash Surges on Privacy Bets

Zcash (ZEC) has erupted past key resistance levels this week, driven by surging derivatives flows…

18 hours ago

Permute Surpasses $1M in Transaction Volume in One Month Since Launch

Bangalore, India, 2nd October 2025, ZEX PR WIRE, Permute, an accessible Bitcoin bridge platform, announced…

1 day ago

Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life

Milan, Italy, 2nd October 2025, ZEX PR WIRE, Codego Group recently disclosed that its Whitelabel…

1 day ago

QMMM SEC Trading Suspension After Crypto Pivot

The U.S. Securities and Exchange Commission has suspended trading in QMMM Holdings Ltd. after weeks…

2 days ago

From Broken Models to Aligned Trading: Afterprime’s Pay-to-Trade Shift

Brokers profit when clients lose — Afterprime 2.0 ends that conflict with the world’s first…

2 days ago