BetProtocol and OKLink have partnered up to offer USDK stablecoin as a wagering token on the BetProtocol Network. This partnership expands the amount of supported stablecoins on BetProtocol to four : USDT, USDC, Dai, and now USDK.
Integration of USDK allows BetProtocol Operators to add USDK stablecoin as a wagering, Deposit & Withdrawal currency in our Operator Portal, with just a click of a button.
In another move to aggressively acquire the top stablecoins for our gaming Ecosystem, BetProtocol has added USDK, a United States Dollar backed and pegged stablecoin that is fully audited and insured. USDK is backed by PrimeTrust, an American trust company and money transmitter who handles USDK redemptions.
BetProtocol’s CEO Rui Teixeira had this to say about adding USDK:
USDK is one of the most respected, secure and transparent stablecoins out there, and we are thrilled to add them to BetProtocol’s Network as a wagering currency. We are hoping that this partnership with OKLink will bring more volume and use-cases to USDK, including gaming, social games, and other gamification incentives to the token. — Rui Teixeira, BetProtocol CEO
Integration of USDK into BetProtocol’s Gaming Ecosystem will enable the following use-cases for USDK:
- Deposits & Withdrawals in USDK
- Games & Wagering in USDK
- Jackpots denominated in USDK
- Bonuses, promotions & gamification incentives denominated in USDK
- Increasing the number of USDK token holders through gaming apps and prizes
- Affiliate rewards in USDK
“BetProtocol is a rising star in blockchain gaming, and we are happy to support their ecosystem with the addition of USDK. We look forward to seeing gaming apps built on BetProtocol that offers our fully-backed and audited stablecoin. As a world leading blockchain bigdata company, OKLink will further provide BetProtocol with data analysis by our blockchain explorer, building a more powerful blockchain ecosystem. — Rabbi Jiang, Head of OKLink Business Team
USDK is a stablecoin fully backed by the US dollar. In May 2019, OKLink Fintech Limited signed a technical service agreement and API interface platform technology agreement with Prime Trust, an American trust company, to provide technical service of USDK.
OKLink Fintech Limited is a wholly owned subsidiary of OKG Technology Holdings Limited (HKEX: 1499). OKLink is committed to the development and application of the underlying technology of the blockchain. OKLink will gradually launch stablecoin, blockchain big data, blockchain asset custody and other applications.
BetProtocol enables anyone in the world to create gaming platforms with no coding required. Thanks to BetProtocol’s blockchain technology, these platforms are secure, scalable and regulatory compliant. Its vision is to enable anyone in the world to dream of being a gaming platform owner one morning, and actually be one that same day.