The Solana Foundation announced a collaboration with the World Series of Poker (WSOP) enabling players to buy into WSOP events using cryptocurrency and receive tournament payouts in stablecoins. Stablecoin payouts will be available starting in December at the WSOP Paradise in the Bahamas, with crypto payments firm MoonPay providing the infrastructure offering zero processing fees for Solana (SOL) or Solana-based stablecoin entries. The partnership aims to modernize payment processing in poker tournaments and reduce transaction friction for international players.
MoonPay Provides Zero-Fee Payment Infrastructure
The collaboration uses MoonPay's payments infrastructure to provide tournament entrants with zero processing fees when entering with Solana (SOL) or Solana-based stablecoins. MoonPay Commerce President Jim Walker stated that crypto payments enable "faster, borderless payments that make it simple for players anywhere to take their seat at the world's biggest tables." The organizations highlighted faster payment processing and greater accessibility for international players as benefits of the collaboration.
Stablecoin Payouts Launch in December at WSOP Paradise
Tournament stablecoin payouts will be available starting in December at the WSOP Paradise in the Bahamas. Solana Foundation Chief Product Officer Vibhu Norby told Decrypt that "with Solana, players are able to buy-in with zero fees, and receive their winnings instantaneously." The adoption of crypto buy-ins and stablecoin payouts will be a key part of how the Foundation characterizes the success of the collaboration, according to Norby.
Solana Foundation Becomes 2026 WSOP Presenting Sponsor
The Solana Foundation will be the official presenting sponsor of the 2026 World Series of Poker and World Series of Poker Paradise. Solana branding will be shown across the broadcast set and at events, including on the felt of the table. The pair will also collaborate on on-chain poker products for a later release.
WSOP Main Event Broadcast Begins July 2
The World Series of Poker hosts approximately 50 events worldwide and has paid out more than $4 billion in prize money. Its Main Event, which commands a $10,000 entry fee, will start television coverage on July 2.
FAQ
When will WSOP players be able to receive stablecoin payouts?
Stablecoin payouts for tournament prizes will be available starting in December at the WSOP Paradise in the Bahamas.
What are the processing fees for entering WSOP events with Solana?
Players entering WSOP events with Solana (SOL) or Solana-based stablecoins will pay zero processing fees through MoonPay's payment infrastructure.
What is the Solana Foundation's sponsorship role with WSOP?
The Solana Foundation will be the official presenting sponsor of the 2026 World Series of Poker and World Series of Poker Paradise, with branding displayed across broadcast sets and event tables.
