Paysafe Launches Crypto Deposit Option for US iGaming and DFS Operators Powered by MoonPay

Global payments platform Paysafe has launched Pay with Crypto, a new payment option that allows players at U.S. iGaming and daily fantasy sports operators to deposit funds using stablecoins and major cryptocurrencies. The product, powered by a partnership with MoonPay, was officially announced in early May 2026 and represents one of the first mainstream integrations of cryptocurrency deposits into regulated U.S. gaming platforms at scale.

The Pay with Crypto solution works by converting a player’s cryptocurrency or stablecoin deposit into U.S. dollars at the point of transaction. Once the conversion is complete, the funds are available in the player’s gaming account immediately. The integration is built on top of Paysafe’s existing Gateway infrastructure, meaning operators that already use Paysafe for payment processing can add the crypto option without separate technical integrations.

How It Works for Players

Players using Pay with Crypto select the option from the operator’s cashier, choose their preferred stablecoin or cryptocurrency, and connect their crypto wallet to fund the deposit. MoonPay’s Commerce Checkouts technology also supports transactions via QR code for mobile users. Supported assets include USD Coin (USDC) and other major stablecoins, as well as major cryptocurrencies where permitted by the operator and applicable regulations.

The conversion to U.S. dollars happens instantly, giving players the seamless deposit experience associated with traditional payment methods while using crypto as the funding source. Operators also have the option to settle payments in stablecoins or fiat currency through MoonPay’s Virtual Accounts infrastructure, providing flexibility on the business side of the transaction as well.

Zak Cutler, President of Global Gaming at Paysafe, said the launch addresses a visible shift in how players want to interact with gaming platforms. “Galvanized by the growing popularity of stablecoins, 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 online gaming market,” Cutler said. “Pay with Crypto strongly positions U.S. operators for their customers’ changing transactional preferences.”

Why This Matters for the Industry

Cryptocurrency adoption in U.S. regulated gaming has moved slowly, in part because of the complexity of maintaining compliance with state gaming regulations while also managing the volatility and technical requirements of crypto transactions. Paysafe’s Pay with Crypto product addresses the compliance angle by converting deposits to U.S. dollars before they reach the operator’s account, removing the need for operators to hold or manage cryptocurrency directly.

Paysafe processed 167 billion dollars in transactions in 2025 across its global platform, serving merchants in e-commerce, financial services, retail, and gaming. The company’s gaming business is substantial, with integrations across numerous licensed sportsbooks, online casinos, and DFS platforms in the United States. Adding cryptocurrency to that payment menu gives those operators a deposit method that is increasingly in demand from a segment of the player base.

For daily fantasy sports operators in particular, crypto deposits have historically been difficult to implement due to the need for rapid, low-friction transactions that match the pace of contest entry and lineup changes. A stablecoin-to-dollar conversion model addresses the latency and volatility concerns that made direct crypto deposits problematic in a DFS context.

Broader Context for Crypto in Gaming

The expansion of regulated crypto payment options in U.S. gaming comes as Congress continues debating broader digital asset legislation, including the CLARITY Act crypto regulation bill. The regulatory environment for stablecoin payments in particular has become more favorable over the past year, making it easier for licensed gaming companies to incorporate crypto payment rails without facing regulatory ambiguity about the status of the assets being transacted.

For players who use cryptocurrency as a primary financial tool, the availability of Pay with Crypto at licensed U.S. sportsbooks and online casinos removes a barrier that previously pushed some of that audience toward offshore or unlicensed platforms where crypto deposits had already been available. The integration at regulated operators provides those players with the consumer protections of a licensed environment alongside their preferred payment method.

Players looking for the best sportsbook deals may soon find crypto deposit bonuses or promotions tied to Pay with Crypto as operators look to incentivize adoption of the new payment option. Paysafe has not provided specific operator names for the launch partners, but the company’s existing client relationships in the U.S. regulated gaming market suggest broad potential distribution.