Global payments platform Paysafe has launched Pay with Crypto — a new cryptocurrency payment solution aimed at iGaming operators and daily fantasy sports brands operating in the United States. Developed in partnership with MoonPay, the service allows players to fund their gaming accounts using stablecoins or other cryptocurrencies where permitted, marking a significant step toward mainstream crypto adoption in the US gambling market.
The timing is deliberate. Paysafe’s own research indicates that approximately 70.4 million Americans currently own cryptocurrency, with 83% of US players expressing interest in using it as a payment method. A separate study found that over half of Super Bowl bettors used online payment methods during this year’s event — underscoring the appetite for faster, more flexible deposit options.
Table of Contents
How Pay with Crypto works
The process is designed to be straightforward for both players and operators. After selecting Pay with Crypto at the cashier and choosing a preferred stablecoin or cryptocurrency, players connect their crypto wallet to complete the deposit. MoonPay’s Commerce Checkout technology supports QR code transactions via mobile devices, streamlining the experience further.
Once the transaction is verified, the cryptocurrency is instantly converted into US dollars and credited to the player’s account — enabling immediate gameplay without any manual conversion steps on the player’s side.
For operators, the solution offers flexible settlement options. They can choose to receive funds almost instantly in stablecoins via their crypto wallets, or opt for US dollar or other major fiat currency settlements through MoonPay’s Virtual Accounts, powered by Iron.
The thinking behind the launch
Zach Cutler, President of Global Gaming at Paysafe, framed the launch as a response to a broader shift in how Americans relate to cryptocurrency. Driven by the rising popularity of stablecoins, crypto is increasingly being used as a means of payment rather than purely as an investment asset — and Pay with Crypto is designed to help US operators stay ahead of that trend.
MoonPay Founder and CEO Ivan Soto-Wright echoed that view, noting that consumers should not need to convert their digital assets simply to make a purchase. “Consumers prefer to use what they already hold,” he said, adding that the partnership with Paysafe extends this capability to a broader audience through trusted, regulated platforms.
Crypto casinos are already leading the way
While traditional iGaming operators are only now beginning to integrate crypto payment options, crypto casinos have long understood the value of borderless, frictionless transactions. Platforms like Stake, Roobet and Rainbet have built their entire ecosystems around cryptocurrency deposits and withdrawals, attracting tens of millions of monthly visitors in the process. The appeal is clear: instant deposits, fast payouts, and minimal friction at every stage of the player journey. As mainstream operators move to close the gap, the infrastructure being built by companies like Paysafe and MoonPay will play a central role in bringing the best of both worlds together — the regulatory credibility of licensed iGaming platforms combined with the speed and flexibility that crypto-native players have come to expect.
What it means for the market
For US iGaming operators, Pay with Crypto represents a practical way to meet a clear and growing player demand without taking on the complexity of managing crypto infrastructure in-house. For players, it removes one of the last remaining friction points between their digital wallets and their gaming accounts — and does so within a regulated, secure framework.
