Paysafe Introduces Cryptocurrency Payments for US iGaming — Paysafe has launched Pay with Crypto, a new payment option enabling US iGaming and daily fantasy sports customers to fund accounts using stablecoins or other cryptocurrencies. This service allows digital assets to be converted to US dollars for gameplay.
What Happened
Paysafe has introduced its “Pay with Crypto” service for iGaming operators and daily fantasy sports brands within the United States. This service, developed in collaboration with MoonPay, facilitates customer deposits into gaming accounts using stablecoins or other cryptocurrencies, in jurisdictions where legally permissible. Players can select USD Coin (USDC), other stablecoins, or major cryptocurrencies at checkout, which are then converted into US dollars for use in gameplay, according to Electronicpaymentsinternational.com.
To initiate a deposit, users choose the Pay with Crypto option, select a digital asset, and connect either a crypto wallet or a custodial wallet. The MoonPay Commerce Checkouts system also supports payments via QR codes scanned with a mobile phone. Following verification, the cryptocurrency amount is converted to US dollars and credited to the player’s account. Operators are provided with varied settlement choices, including receiving funds in stablecoins to a company crypto wallet or settling in US dollars or other major fiat currencies through MoonPay’s Virtual Accounts, powered by Iron, Electronicpaymentsinternational.com reported.
Key Details
- The Pay with Crypto service is available to iGaming operators and daily fantasy sports brands in the US (Electronicpaymentsinternational.com).
- It operates in partnership with MoonPay (Electronicpaymentsinternational.com).
- Supported cryptocurrencies include USD Coin (USDC) and other major stablecoins (Electronicpaymentsinternational.com).
- Cryptocurrency deposits are converted to US dollars for gameplay (Electronicpaymentsinternational.com).
- Operators can integrate the service through a single integration with the Paysafe Gateway (Electronicpaymentsinternational.com).
- The Paysafe Gateway currently supports card transactions, the Skrill digital wallet, PaysafeCash, and a Pay by Bank service, alongside over 30 local payment methods (Electronicpaymentsinternational.com).
Why It Matters
The introduction of Pay with Crypto by Paysafe addresses the evolving transactional preferences within the US iGaming market, where cryptocurrency usage is reportedly shifting from an investment asset to a unit of value for payments, as stated by Paysafe Global Gaming President Zak Cutler (Electronicpaymentsinternational.com). This development provides operators with a mechanism to accommodate customers who prefer digital assets, potentially expanding payment options for regulated online gaming activities.
Originally reported by: Electronicpaymentsinternational.com. Published: 4/8/2026, 11:21:54 AM.