Gigaverse launches GIGA SWAP to convert in‑game USD into USDC

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January 17, 2026

TL;DR

Gigaverse launched a feature that converts in-game USD items into USDC.
The system deposits the stablecoin directly into players’ Abstract wallets.
A pool of over $22,000 from holiday competitions is immediately claimable.

Gigaverse launched GIGA SWAP on January 14, 2026, a redemption feature that lets players convert in‑game USD‑denominated items into real USDC, according to the project announcement and coverage on egamers.io. The rollout immediately unlocked a pool of more than $22.000 USDC tied to recent holiday competitions.

The move frames GIGA SWAP as the platform’s primary on‑chain value rail, routing redemptions directly into players’ Abstract wallets and promising a unified path for future redemptions and event payouts.

How GIGA SWAP works and operational details

Players redeem USD‑denominated items from their in‑game inventory by selecting a “redeem” option. The system converts the assets to USDC and deposits the proceeds into the player’s Abstract wallet. The announcement emphasized direct, verifiable transfers as the core design principle; the launch immediately made the holiday competition pool of more than $22.000 USDC claimable.

Redemption flow: in‑game USD item → redeem action → USDC into Abstract wallet.
Immediate liquidity: over $22.000 USDC available from prior competitions.
Fee disclosure: no explicit conversion fees were published at launch.
Scope: designed as the universal system for future redemptions across the Gigaverse ecosystem.

“It is the bedrock upon which true asset ownership and player trust will be built,” the announcement stated, framing GIGA SWAP as more than a payment tool and positioning it as the platform’s financial infrastructure layer.

Market and treasury implications

For treasuries and institutional counterparties, the feature normalizes how in‑game liabilities map to on‑chain stablecoin obligations. Centralizing redemptions reduces operational fragmentation: finance teams can trace on‑chain flows into Abstract wallets rather than reconcile multiple off‑chain processes. The absence of public fee schedules, however, creates an immediate transparency gap for treasury modelling and liquidity planning.

First, the $22.000 claimable pool is a live, measurable flow and will test on‑chain settlement behaviour during peak redemptions. Second, standardizing conversion into USDC concentrates exposure in a single stablecoin; counterparties need to monitor eventual settlement cadence and custody arrangements tied to Abstract wallets.

GIGA‑ROMs were presented as a complementary value layer: premium utility and collectible assets that expand a player’s capacity to generate in‑game value. Combined, GIGA SWAP and GIGA‑ROMs aim to convert earned gameplay into liquid value while preserving on‑platform utility.

The announcement positioned scalability as a design priority: GIGA SWAP will underpin redemptions for multi‑game expansions, intellectual‑property collaborations and automated gameplay features. That architecture reduces reliance on fragmented external redemption processes and centralizes traceability onto the Gigaverse rails.

Looking ahead, market participants will treat the live processing of the > $22.000 USDC holiday pool as the first operational stress test. Traders, treasuries and custodial counterparties will be watching how the system handles concentrated redemptions and whether the project publishes fee and custody details necessary for institutional risk models.