Key Highlights
- Paysafe introduces Pay with Crypto payment option for American online gaming and DFS platforms through MoonPay partnership
- Users can deposit funds via stablecoins such as USDC or leading cryptocurrencies, with immediate conversion to USD
- Approximately 70.4 million Americans hold digital currencies, while 83% of gaming customers show interest in crypto-based transactions
- Gaming platforms can select settlement in either stablecoins or traditional currencies via MoonPay’s platform
- Paysafe’s North American gaming division experienced 50% revenue growth from processing fees in 2025
Paysafe has introduced a digital currency payment option designed specifically for online gaming platforms and daily fantasy sports operators throughout the United States.
Dubbed Pay with Crypto, this new payment channel enables users to deposit money into their gaming accounts through stablecoins like USDC or mainstream digital currencies. Upon deposit, the cryptocurrency undergoes immediate conversion to US dollars, making funds available for use in authorized locations.
MoonPay, an international cryptocurrency payment and stablecoin infrastructure provider, powers the technology behind this solution. The company manages the technical aspects of conversion and settlement for this new functionality.
Users have the option to link their current digital wallets or utilize QR code scanning to finalize deposits. The system operates efficiently without requiring users to manually exchange their digital holdings in advance.
According to Paysafe’s research, approximately 70.4 million adults in America possess cryptocurrency. Additional findings revealed that 83% of American gaming customers have shown enthusiasm for utilizing digital currencies for transactions.
Operational Framework for Gaming Platforms
For operators, the system offers versatile settlement arrangements. Online gaming companies can opt to receive nearly instantaneous payments in stablecoins directly to their corporate digital wallets or settle transactions in US dollars or another primary traditional currency.
The technical implementation occurs through Paysafe Gateway, a specialized platform developed for the online gaming sector. This gateway currently accommodates card transactions, the Skrill electronic wallet, PaysafeCash, bank transfer payments, and over 30 region-specific payment alternatives.
Incorporating cryptocurrency into this portfolio provides operators with an additional payment channel for their customers without requiring development of independent payment infrastructure.
Zak Cutler, who serves as President of Global Gaming at Paysafe, noted that digital currency in America is transitioning from merely serving as an investment vehicle to functioning as a medium of exchange for routine transactions. He observed this transformation accelerating particularly within the online gaming space.
Cutler characterized Pay with Crypto as a forward-looking solution that prepares American operators for evolving customer payment preferences.
Ivan Soto-Wright, Founder and CEO of MoonPay, emphasized that cryptocurrency transaction infrastructure delivers enhanced speed and efficiency. He stressed that consumers shouldn’t need to convert digital holdings simply to complete purchases.
“Paysafe brings that experience to more people through trusted, regulated platforms,” Soto-Wright said.
Expanding Gaming Operations at Paysafe
During a February 2025 discussion with PYMNTS, Cutler characterized payment systems as a strategic expansion catalyst for the online gaming industry. He explained that streamlined payment mechanisms result in enhanced conversion rates, stronger customer retention, and elevated user experience.
Paysafe announced in March that transaction volumes for its iGaming services during America’s football season achieved unprecedented heights. The organization attributed this expansion to consistent demand within entertainment-focused market segments.
The company’s North American online gaming division generated 50% growth in processing revenue during 2025, based on a March 3 financial disclosure.
Paysafe maintains a listing on the New York Stock Exchange. The Pay with Crypto functionality is currently accessible to American online gaming operators and daily fantasy sports platforms via the Paysafe Gateway system.
