Paysafe Launches Pay with Crypto for US iGaming Market

Paysafe has unveiled its new payment solution, Pay with Crypto, targeting the U.S. iGaming and daily fantasy sports industries. Powered by MoonPay, this service enables players to fund their accounts using stablecoins like USD Coin (USDC) or other major cryptocurrencies. With the growing demand for crypto payment options, the new solution provides a seamless way for players to use their digital assets, with deposits quickly converted into U.S. dollars for instant use in gameplay.

Recent studies show that approximately 70.4 million adults in the United States own cryptocurrency. In line with this, Paysafe’s own research indicates that 83% of U.S. players are eager to use crypto for their iGaming transactions. With Pay with Crypto, players can now directly connect their crypto wallets or use QR code functionality to complete transactions easily. This expansion responds to a growing trend as players demand more digital asset options for online gaming.

Once players select Pay with Crypto and choose their preferred cryptocurrency or stablecoin, the system automatically converts the deposit into U.S. dollars. This seamless process ensures that players can use their crypto deposits without needing to manually convert them. By allowing deposits to be completed quickly, the system supports a smooth transition for players already familiar with cryptocurrencies, offering them a convenient payment solution on iGaming platforms where such payments are permitted.

For iGaming operators, the Pay with Crypto solution offers a flexible approach to managing payments. Operators can settle payments instantly in stablecoins into their crypto wallets, or opt for settlements in U.S. dollars or other fiat currencies via MoonPay’s Virtual Accounts infrastructure. This flexibility makes it easier for operators to accommodate the diverse needs of their player base.

The integration of Pay with Crypto into the Paysafe Gateway allows iGaming brands to upgrade their payment systems with minimal disruption. The Paysafe Gateway, already capable of handling card payments, digital wallets, PaysafeCash eCash, Pay by Bank, and over 30 local payment methods, now includes crypto payments, making it a comprehensive solution for operators.

Zak Cutler, President of Global Gaming at Paysafe, noted, “Cryptocurrency is evolving in the U.S. from an investment asset into a unit of value for payments, and we’re seeing this shift gather pace in the country’s iGaming market. We’re delighted to launch Pay with Crypto, a forward-thinking solution that strongly positions U.S. operators for their customers’ changing transactional preferences.”

Ivan Soto-Wright, Founder and CEO of MoonPay, commented on the importance of improving the payment process: “Crypto rails are making payments faster and more efficient, and our job is to close the gap between this technology and real-world utility. People shouldn’t have to convert their digital assets just to make a purchase – they want to use what they already have. Paysafe brings that experience to more people through trusted, regulated platforms.”

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The introduction of Pay with Crypto marks another important milestone in the integration of cryptocurrency payments in regulated markets. As digital currencies continue to grow in popularity, this solution positions Paysafe as a key player in meeting the changing needs of iGaming operators and their players. By offering a seamless, efficient, and secure payment method, Paysafe is ensuring its continued relevance in an evolving industry.

Source:

Paysafe Launches Pay with Crypto, paysafe.com, April 7th, 2026