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World Series of Poker Adds Solana Payments for Tournament Buy-Ins

The World Series of Poker will let players use Solana-based crypto payments for tournament buy-ins through MoonPay, starting with this year’s WSOP in Las Vegas. The program is also set to expand to WSOP Paradise in the Bahamas in December, where winners may choose Solana-based stablecoin payouts.

What happened?

The World Series of Poker will let players use Solana-based crypto payments for tournament buy-ins through MoonPay, starting with this year’s WSOP in Las Vegas. The program is also set to expand to WSOP Paradise in the Bahamas in December, where winners may choose Solana-based stablecoin payouts.

Why it matters

WSOP CEO Ty Stewart framed the move as part of an effort to modernize payments for players. He said the Solana ecosystem, like the WSOP, focuses on challenging conventions and improving the consumer experience.

The World Series of Poker is adding cryptocurrency payments to its tournament circuit through a partnership with the Solana Foundation. Players will be able to use Solana-based payments, powered by MoonPay, to buy into tournaments with no processing fees, beginning at this year’s WSOP in Las Vegas.

The development matters because it brings blockchain payments into one of poker’s best-known live tournament brands. For an international player base, the option could help streamline cross-border payments, according to the source material, while giving Solana another mainstream venue for payments usage.

The rollout is expected to expand later this year at WSOP Paradise in the Bahamas. At that event, winners will have the option to receive payouts in stablecoins on Solana, extending the integration beyond entry payments.

WSOP CEO Ty Stewart framed the move as part of an effort to modernize payments for players. He said the Solana ecosystem, like the WSOP, focuses on challenging conventions and improving the consumer experience.

The announcement adds to a broader pattern of crypto payment experiments moving into sports, gaming and live events. In this case, the change is focused on tournament access and payout options rather than market speculation around Solana’s token price.

Source: CoinDesk