Paysafe and MoonPay Launch Pay with Crypto Solution for US iGaming Market

Paysafe, a leading provider of payment solutions, has announced the launch of Pay with Crypto, a new feature that enables players in the US iGaming and fantasy sports market to deposit money using stablecoins or cryptocurrencies. The system, developed in partnership with MoonPay, is designed to provide a seamless and efficient way for users to fund their accounts.

The Pay with Crypto solution allows users to connect their private wallet and select the token they wish to use for depositing funds. Once the transaction is completed, the system automatically converts the crypto into USD, which is then added to the user's gaming account immediately. This means that players can start playing right away without having to wait for bank transfers.

The launch of Pay with Crypto is expected to attract a new generation of users who prefer digital assets over traditional banking methods. By providing support for hundreds of different tokens and immediate settlement, Paysafe and MoonPay are positioning themselves as leaders in the iGaming space.