FSL Unveils GMT Pay, Bridging Web3 Digital Earnings to Real-World Spending
28.04.2025 15:23
FSL, the development studio behind the popular Web3 lifestyle app STEPN, has launched GMT Pay, an innovative payment solution that allows users to convert their crypto earnings—specifically GMT and GGT tokens—into real-world purchases. The new platform integrates a virtual Mastercard Gift Card available in various denominations, supporting both online and offline transactions with partnerships including Mastercard, Apple Pay, and Google Pay. This initiative aims to bring enhanced utility to Web3 earnings by enabling users to spend their rewards across millions of merchants globally, effectively merging digital asset benefits with everyday financial activities. The launch reinforces FSL’s mission to integrate Web3 into daily life and follows the success of its established products such as STEPN and STEPN GO, with a substantial user base of over 5.7 million registered users. Although the platform may have regional restrictions, it is widely accessible worldwide, positioning GMT Pay as a significant step forward in the evolution of digital payments.
The launch of GMT Pay is likely to have a positive impact on GMT's price. The news brings enhanced utility by linking token earnings to real-world transactions, backed by credible partnerships such as Mastercard. This increased practical use can boost investor confidence and demand, leading to potential short-term rallies as adoption grows and long-term value appreciation driven by broader market acceptance and integration into mainstream financial systems.
Similarly, GGT is expected to benefit from the introduction of GMT Pay, as the platform integrates real-world spending capabilities with token earnings. The innovative payment solution, highlighted by robust partnerships, may increase the token's demand and utility. Short-term price movements could see a positive push due to improved investor sentiment, while the long-term outlook may be bolstered by increased usage and market confidence.
Sources
STEPN creator FSL launches GMT Pay, letting users spend crypto anywhere
crypto.news
28.04.2025 16:16
FSL Launches GMT Pay, Bridging Web3 Earnings with Real-World Payments
investing.com
28.04.2025 08:30
GMT Pay: Find Satoshi Lab Launches Exciting Crypto Payment Solution
bitcoinworld.co.in
28.04.2025 14:50
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