- Circle has announced a strategic partnership with game studio Overdare.
- The developers plan to use Circle’s infrastructure to implement USDC payments.
Circle – the issuer of USDC steiblcoin – has entered into a partnership agreement with Overdare platform. This was announced by the firm’s CEO Jeremy Allaire.
Circle has entered into a strategic partnership with OVERDARE, a JV of one of the largest game studios in the world (Korea’s Krafton), who are launching a large-scale Roblox-style metaverse build on @circle wallet infrastructure and $USDC. Mainstream scale Web3 experiences! https://t.co/eMD0GwGamZ
- Jeremy Allaire (@jerallaire) February 26, 2024
The statement said a Roblox-style meta universe based on Circle’s infrastructure is in development. The Overdare team plans to use the firm’s programmable wallets to expand the platform’s functionality.
“Overdare aims to revolutionize the management of intellectual property and creator revenues. It intends to implement Circle’s infrastructure for trading and income payments in U.S. dollars,” the firm said.
Allaire believes the partnership will be the foundation for shaping the future of digital entertainment and creating an innovative Web3 environment. The platform is scheduled to launch in the second half of 2024.
Earlier we wrote that Chainlink’s oracle network has integrated Circle’s CCTP protocol for secure USDC transfers. Meanwhile, in February, the company announced the phasing out of USDC on the TRON network.
