- GIBO Holdings Ltd. (GIBO, Financial) successfully tested its USDG.net engine for multi-crypto payments.
- The engine supports cryptocurrencies like USDC, USDT, ETH, and BTC for real-time settlements.
- The testing included WeChat short drama platforms such as Baichuan Theater and Zhuoer Shorts.
GIBO Holdings Ltd. (GIBO) has announced the successful testing of its USDG.net settlement engine. This engine is designed to enable seamless crypto-based transactions across the GIBO Click ecosystem and multiple WeChat-based short drama platforms. The trials confirmed USDG.net's readiness for broader deployment by demonstrating real-time payment settlement capabilities using major digital assets such as USDC, USDT, ETH, and BTC.
The pilot was conducted with prominent WeChat mini-apps, including Baichuan Theater and Zhuoer Shorts, known for their high volume of 1-5 minute short drama content. Through these implementations, USDG.net aims to support the evolving needs of digital content ecosystems by facilitating instant micropayments for creators, automating multi-party royalty distributions, and aiding in the settlement for tokenized creative IP.
As the global short-form content market expands, GIBO's successful USDG.net test marks a crucial step towards establishing a crypto-native infrastructure for cross-platform value exchange. This initiative aligns with GIBO's broader vision to empower a tokenized content economy, providing a verified and efficient monetization network for creators, platforms, and audiences alike.