Circle and Overdare Collaborate on Web3 Wallets and USDC Payouts

Stablecoin issuer Circle and South Korean NFT-driven metaverse 'Overdare' have partnered to integrate in-game Web3 wallets and enable direct USDC payouts for game developers.

Circle CEO Jeremy Allaire expresses optimism: "We believe this partnership will shape the future of digital entertainment, fostering an innovative Web3 environment."

Overdare's Fusion of Unreal Engine 5 and NFT Monetization

Inspired by Roblox, Overdare employs Epic Games' Unreal Engine 5, empowering players to create unique experiences within the metaverse.

Utilizing a "Create-to-Earn" model, players can monetize creativity by crafting digital assets, which can be converted into NFTs for trading on the virtual marketplace.

Overdare Studio Equips Creators to Build the Metaverse

Overdare utilizes its custom blockchain, Settlus, powered by the Cosmos SDK, for in-game transactions and licensing of interactive content.

The game boasts a vast virtual world, AI-powered creation tools, live chat, customizable avatars, and plans for an "Overdare Studio" suite to personalize gaming experiences.

Circle's Decision Regarding USDC Support on TRON Blockchain

Circle recently announced the discontinuation of USDC support on the TRON blockchain due to concerns identified within its risk management framework, citing ongoing challenges and allegations of money laundering within the TRON ecosystem.

Metaverse Innovation

Circle and Overdare collaborate to enhance gaming experience with in-game Web3 wallets and USDC payouts. Overdare integrates Unreal Engine 5 and NFT monetization, empowering players to create and earn within the metaverse. Overdare's proprietary blockchain, Settlus, streamlines transactions and licensing, while Circle discontinues USDC support on TRON blockchain due to identified concerns.