Nexters Signs Strategic Partnership with Tron for Stablecoins

Nexters said on the 2nd that it has established a strategic partnership to expand the Tron (TRON) network and the CROSS ecosystem.

The two companies plan to continue phased discussions and reviews to generate technical and business synergies based on real-world use cases such as payments and transactions, centered on stablecoins. Specifically, they will review ways to integrate stablecoins on the Tron network across CROSS Pay’s payments and transaction infrastructure. CROSS Pay is a core infrastructure of the CROSS ecosystem that supports stablecoin-based payments and transactions, and is characterized by its 0% payment fee policy, which significantly reduces developers’ cost burden.

Jang Hyun-kuk, CEO of Nexters, said, “Tron processes more than $20 billion (about KRW 29 trillion) in global stablecoin transactions per day and handles the largest volume of stablecoin transfers worldwide,” adding, “Through this partnership, the on-chain platform CROSS will expand the use of stablecoin payments in the global gaming market, which is worth $200 billion (about KRW 288 trillion).”