TLDR
- Paysafe has launched Pay with Crypto, a new payment method for US iGaming operators and daily fantasy sports brands powered by MoonPay
- Players can fund accounts using stablecoins like USDC or other major cryptocurrencies, with deposits instantly converted to US dollars
- Around 70.4 million American adults own cryptocurrency and 83% of US players have expressed interest in crypto payments
- Operators can choose to settle transactions in stablecoins or fiat currencies through MoonPay’s infrastructure
- Paysafe’s North American iGaming business saw 50% processing revenue growth in 2025
Paysafe has rolled out a new crypto payment solution aimed at iGaming operators and daily fantasy sports brands across the United States.
The payment method, called Pay with Crypto, allows players to fund their gaming accounts using stablecoins such as USDC or other major cryptocurrencies. Once deposited, the crypto is instantly converted into US dollars so players can use the funds where permitted.
The solution is powered by MoonPay, a global crypto payments and stablecoin infrastructure company. MoonPay handles the backend conversion and settlement processes for the new feature.
Players can connect their existing crypto wallets or use QR code functionality to complete deposits. The process is designed to work quickly without requiring players to manually convert their digital assets beforehand.
Paysafe cited research showing that roughly 70.4 million American adults currently own cryptocurrency. The company also found that 83% of US players have expressed interest in using crypto for payments.
How Pay with Crypto Works for Operators
On the operator side, the solution provides flexibility in how transactions are settled. iGaming brands can choose to receive funds almost instantly in stablecoins to their business crypto wallet or settle in US dollars or another major fiat currency.
The integration is handled through Paysafe Gateway, a platform built specifically for the iGaming industry. The gateway already supports card payments, the Skrill digital wallet, PaysafeCash, Pay by Bank, and more than 30 local payment methods.
Adding crypto to that lineup gives operators another option to offer their players without needing to build a separate payment system.
Zak Cutler, President of Global Gaming at Paysafe, said that cryptocurrency in the US is shifting from being purely an investment asset to becoming a unit of value for everyday payments. He said the company is seeing that shift pick up speed in iGaming specifically.
Cutler described Pay with Crypto as a solution that positions US operators for changing customer preferences around how they pay.
MoonPay Founder and CEO Ivan Soto-Wright said crypto payment rails make transactions faster and more efficient. He added that people should not have to convert their digital assets just to make a purchase.
“Paysafe brings that experience to more people through trusted, regulated platforms,” Soto-Wright said.
Paysafe’s Growing iGaming Business
In a February 2025 interview with PYMNTS, Cutler described payments as a strategic growth driver for the iGaming sector. He said that smoother payment processes lead to higher conversion, better retention, and improved user satisfaction.
Paysafe reported in March that its iGaming volumes during the US football season reached record levels. The company pointed to steady demand in entertainment-driven categories as a driver of that growth.
The company’s North American iGaming business recorded 50% processing revenue growth in 2025, according to a March 3 earnings report.
Paysafe is listed on the New York Stock Exchange. The Pay with Crypto feature is now available to US iGaming operators and daily fantasy sports brands through the Paysafe Gateway.
