MoonPay X Games League Athletes Receive Stablecoin Bonuses
- Athletes in the MoonPay X Games League will receive $2,500 signing bonuses in stablecoins.
- The bonuses are paid in XO Cash, a stablecoin from Exodus, and linked to payment cards.
- Exodus has been compensating its employees with Bitcoin for years to ensure transparency.
- MoonPay’s partnership with X Games aims to provide athletes with more financial stability and exposure.
- The initiative helps international athletes spend their bonuses globally via Visa and Mastercard.
MoonPay is enhancing its partners’ visibility through the X Games by offering signing bonuses in stablecoins, which can be spent worldwide using major credit card networks. This move is part of a broader strategy to provide financial support and media exposure for athletes participating in the league format.
With $2,500 bonuses paid in XO Cash, MoonPay and Exodus aim to make compensation transparent and accessible globally for athletes, aligning with their long-term vision of integrating cryptocurrency into everyday transactions. (Source)