Paysafe Adds Crypto Deposits to U.S. iGaming

Digital wallet icon with cryptocurrency coins and a gaming controller on a blue background with a U.S. map outline

Paysafe Introduces Crypto Deposits for U.S. iGaming and DFS Platforms – MoonPay Integration Expands Payment Options

Key Takeaways

Paysafe has launched a new crypto deposit option for U.S. iGaming and daily fantasy sports platforms.
The service, called Pay with Crypto, is powered by MoonPay infrastructure.
Players can use USDC, other stablecoins, or major cryptocurrencies, with funds converted into U.S. dollars for gameplay where permitted.
Operators can choose to settle in stablecoins or fiat currencies.
Paysafe cites 70.4 million U.S. crypto owners and internal research showing 83% player interest in crypto payments.

Paysafe Launches MoonPay Powered Crypto Deposits in the U.S.

Paysafe announced on April 7 that it is adding a cryptocurrency deposit option to its payment offering for U.S. iGaming and daily fantasy sports platforms. The new product, branded Pay with Crypto, is enabled through MoonPay infrastructure.

The service allows players to fund their gaming accounts using USDC, other stablecoins, or major cryptocurrencies. Once transferred, the crypto funds are converted into U.S. dollars for use on platforms where such activity is permitted under local rules. The conversion process is integrated into the payment flow, meaning players do not need to handle a separate crypto to cash transaction on their own.

For users, the process involves connecting a crypto wallet or scanning a QR code to initiate the transfer. According to Paysafe, the funds are then credited to the gaming account after conversion into U.S. dollars.

Integration Within Paysafe Gateway

The crypto deposit feature is embedded within Paysafe Gateway, the company’s broader payments platform. Paysafe Gateway already supports a range of payment methods, including cards, digital wallets, eCash, Pay by Bank, and more than 30 local payment options.

By incorporating Pay with Crypto into this existing infrastructure, operators can add cryptocurrency deposits without deploying a separate external system. The crypto option becomes one of several available payment methods within the same framework.

This structure may be relevant for operators that aim to provide multiple funding methods through a single integration. For users comparing platforms, the inclusion of crypto alongside established payment types signals that digital assets are being positioned as an additional, rather than standalone, option within mainstream payment processing.

Stablecoin and Fiat Settlement Options for Operators

In addition to player facing functionality, the new setup provides flexibility for operators in how they receive funds. Through the MoonPay powered infrastructure, operators can choose to settle transactions either in stablecoins or in fiat currencies.

This means that while players may deposit using cryptocurrencies such as USDC or other supported assets, operators are not required to hold crypto exposure if they prefer not to. They can opt for fiat settlement, aligning the new deposit method with existing accounting and treasury processes.

Alternatively, operators that wish to settle in stablecoins can do so within the same framework. The announcement does not specify further operational details, but it confirms that both settlement paths are available.

Demand Indicators Cited by Paysafe

Paysafe links the launch to growing interest in cryptocurrency usage among U.S. consumers. The company states that approximately 70.4 million American adults own cryptocurrency.

In addition, Paysafe references its own research, which found that 83% of U.S. players are interested in crypto payments. The announcement does not provide details about the methodology of this research, but the figures are presented as part of the rationale for introducing the new option.

For readers evaluating crypto enabled betting and gaming platforms, these figures highlight that both ownership and stated interest in crypto payments are significant within the U.S. market, according to Paysafe.

Implications for U.S. iGaming and DFS Platforms

The introduction of Pay with Crypto adds another route for deposits into U.S. iGaming and daily fantasy sports accounts. The funds are converted into U.S. dollars for gameplay where allowed, meaning the gaming activity itself continues to operate in fiat terms.

From a user perspective, the main operational change is the ability to transfer value directly from a crypto wallet into a gaming account without arranging a separate off platform exchange or withdrawal process. The wallet connection or QR code scan forms part of the integrated payment flow.

For operators, the integration within Paysafe Gateway and the option to settle in stablecoins or fiat currencies determine how the crypto deposits are handled on the backend.

The announcement does not specify rollout timelines beyond the April 7 launch date, nor does it detail which specific U.S. brands are first to implement the option. It confirms that the service is being introduced for U.S. iGaming and daily fantasy sports through Paysafe’s infrastructure.

Our Assessment

Paysafe has formally added cryptocurrency deposits to its U.S. iGaming and daily fantasy sports offering through a MoonPay powered solution. Players can use USDC, other stablecoins, or major cryptocurrencies, with automatic conversion into U.S. dollars for permitted gameplay. The feature is integrated into Paysafe Gateway and allows operators to settle in either stablecoins or fiat currencies. The company frames the launch against data indicating widespread crypto ownership in the United States and strong stated interest in crypto payments among players.