Key Highlights
- Paysafe introduces Pay with Crypto feature designed for US online gaming platforms and DFS providers through partnership with MoonPay
- Gaming enthusiasts can make deposits using stablecoins such as USDC or popular cryptocurrencies, automatically converted to USD
- Approximately 70.4 million US adults hold cryptocurrency, with 83% of American players showing interest in crypto payment options
- Gaming platforms retain flexibility to settle in either stablecoins or traditional fiat currencies via MoonPay’s technology
- The payment processor’s North American online gaming division achieved 50% revenue growth in processing fees during 2025
Paysafe has introduced a cryptocurrency-based payment option specifically designed for online gaming operators and daily fantasy sports platforms operating throughout the United States.
Dubbed Pay with Crypto, this new feature enables gaming customers to load their accounts with stablecoins like USDC or other prominent digital currencies. Upon deposit, the cryptocurrency undergoes immediate conversion to US dollars, making the funds available for use in jurisdictions where legal.
MoonPay, an international cryptocurrency payment processor and stablecoin infrastructure provider, serves as the technological backbone for this offering. The company manages all backend conversion operations and settlement procedures for the payment feature.
Users have the option to link their current crypto wallets or utilize QR code scanning to finalize deposits. The system operates efficiently, eliminating the need for players to perform manual conversions of their digital holdings in advance.
According to data referenced by Paysafe, approximately 70.4 million adults in the United States possess cryptocurrency holdings. Additional research conducted by the company revealed that 83% of American gaming customers have demonstrated interest in utilizing crypto for transactions.
How Pay with Crypto Works for Operators
From the operator perspective, this payment solution delivers considerable transaction settlement flexibility. Online gaming companies can opt to receive funds nearly instantaneously in stablecoins directed to their corporate crypto wallets, or alternatively settle transactions in US dollars or another primary fiat currency.
The technical implementation occurs through Paysafe Gateway, a specialized platform engineered for the online gaming sector. This gateway currently accommodates credit and debit card transactions, the Skrill e-wallet, PaysafeCash, bank transfer options, and over 30 region-specific payment alternatives.
Incorporating cryptocurrency into this existing suite provides operators with an additional payment channel to present their customers without requiring the development of a standalone payment infrastructure.
Zak Cutler, who serves as President of Global Gaming at Paysafe, noted that digital currency in the United States is transitioning from functioning solely as an investment vehicle to serving as a medium of exchange for regular transactions. He indicated the company is observing this transformation accelerating particularly within the online gaming space.
Cutler characterized Pay with Crypto as a forward-looking solution that prepares US gaming operators for evolving consumer preferences regarding payment methods.
Ivan Soto-Wright, Founder and CEO of MoonPay, emphasized that cryptocurrency payment infrastructure enables faster and more streamlined transactions. He stressed that consumers should not face the inconvenience of converting their digital holdings simply to complete a purchase.
“Paysafe brings that experience to more people through trusted, regulated platforms,” Soto-Wright said.
Paysafe’s Growing iGaming Business
During a February 2025 conversation with PYMNTS, Cutler highlighted payment processing as a strategic growth catalyst for the online gaming industry. He emphasized that streamlined payment experiences result in increased conversion rates, enhanced customer retention, and elevated user satisfaction levels.
Paysafe reported in March that transaction volumes for its iGaming services throughout the US football season achieved unprecedented heights. The payment processor attributed this surge to consistent demand within entertainment-focused market segments.
According to a March 3 financial disclosure, the company’s North American online gaming operations posted 50% growth in processing revenue for 2025.
Paysafe maintains a listing on the New York Stock Exchange. The Pay with Crypto functionality is currently accessible to US-based iGaming operators and daily fantasy sports brands via the Paysafe Gateway platform.
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