CDS Crypto News Roblox Dismisses Inaccurate XRP Support Allegations, Affirms Crypto Payments Prohibition
Crypto News

Roblox Dismisses Inaccurate XRP Support Allegations, Affirms Crypto Payments Prohibition

Is Roblox incorporating XRP, Ripple's Token, into Its platform? Not at all. Contrary to widely circulated claims, the gaming platform denies such reports.

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Roblox Dismisses Inaccurate Xrp Support Allegations, Affirms Crypto Payments Prohibition

Crypto News– On social media platforms, false claims have a tendency to spread rapidly, often persisting long after the original source material has been deleted.

Roblox Dismisses Inaccurate XRP Support Allegations, Affirms Crypto Payments Prohibition

Roblox has firmly refuted any plans to facilitate XRP payments, countering widespread assertions that gained traction on Tuesday. The company informed Decrypt that any insinuations suggesting that players would be able to use Ripple’s XRP token to purchase Robux for in-game transactions are wholly “inaccurate.” The rumors initially began circulating late on Monday when payment processor BitPay posted a tweet indicating that Ripple’s XRP token could be used for Xsolla payments in supported games, tagging the free-to-play games Roblox and Smite.

Roblox Dismisses Inaccurate Xrp Support Allegations, Affirms Crypto Payments Prohibition

Despite the removal of BitPay’s tweet, the rumors quickly proliferated, with the information being misconstrued as evidence of Roblox “integrating” XRP intohttps://xsolla.com its payment system. Notably, a tweet by prominent crypto investor Scott Melker, which garnered around 270,000 views at the time of writing, falsely linked Roblox with the cryptocurrency and erroneously suggested a more favorable “legal climate” for the token.

Roblox Partners with XRP for Payment Transactions

Roblox, celebrated for its extensive presence across platforms like Windows, macOS, Android, iOS, Xbox One, and PlayStation 4, lays claim to an impressive daily user base of 65.5 million individuals, with a noteworthy 44% of this demographic comprising users aged 13 and below. In the initial quarter of 2023, the collective in-game spending of Roblox users amounted to a substantial $773 million, underscoring the platform’s substantial economic impact. Xsolla has exhibited a proactive approach to the integration of cryptocurrencies into its payment infrastructure.

Roblox Dismisses Inaccurate Xrp Support Allegations, Affirms Crypto Payments Prohibition
Sources:decrypt

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