Paysafe and MoonPay Launch Pay with Crypto for US iGaming

Paysafe (NYSE: PSFE) has launched Pay with Crypto, a new crypto payment method built for iGaming operators and daily fantasy sports platforms operating in the United States. Powered by MoonPay, the product allows players to fund their accounts using stablecoins or major cryptocurrencies, which are instantly converted to US dollars at the point of deposit. The launch was announced on April 7, 2026.

The move arrives as cryptocurrency moves from a speculative asset class toward an everyday payment tool in regulated US markets. Paysafe cited data showing approximately 70.4 million American adults currently hold some form of cryptocurrency, while the company's own research found that 83% of US players want the option to use crypto when funding their gaming accounts.

How Pay with Crypto Works

The checkout flow is built for simplicity on the player side. After selecting Pay with Crypto at the cashier, a player chooses their preferred stablecoin or cryptocurrency, then connects a crypto or custodial wallet to complete the transaction. MoonPay's Commerce Checkouts technology also supports QR code scanning via mobile for faster execution. Once a transaction is verified, the crypto deposit converts to US dollars automatically and the player's account is funded without any manual off-ramping required.

On the operator side, settlement flexibility is built in from the start. Platforms can choose to receive funds near-instantly in stablecoins directly into a business crypto wallet, or settle in US dollars or other major fiat currencies through MoonPay's Virtual Accounts powered by Iron. This gives operators the option to hold digital assets or stay entirely within fiat infrastructure, depending on their preference and regulatory context.

Embedded Into the Paysafe Gateway

Pay with Crypto is not a standalone product but an addition to the existing Paysafe Gateway, which was built specifically for iGaming over the company's 30 years in global payment processing. Operators access the new crypto capability through a single integration that also gives them access to card payments, the Skrill digital wallet, the PaysafeCash eCash solution, a Pay by Bank product, and more than 30 local payment methods. No separate technical infrastructure is required.

This architecture removes a common barrier for iGaming operators considering crypto payments. Rather than building a separate crypto payment stack or connecting to a standalone provider, platforms using the Paysafe Gateway can activate crypto deposits as part of the same checkout system already handling their fiat transactions. MoonPay handles wallet interaction, compliance checks, and settlement on the backend.

What This Means for Gaming and Blockchain

The launch reflects a broader pattern playing out across the regulated gaming space, where crypto payments have historically been held back by volatility concerns and compliance friction. By converting deposits to dollars at the moment of transaction, Pay with Crypto eliminates the price exposure that has made direct cryptocurrency acceptance impractical for licensed operators. Players get to use what they hold, and operators receive the stable settlement they require.

The timing also aligns with regulatory movement in the US around digital assets. Proposed legislation including the GENIUS Act is working toward a formal framework for stablecoins, and the Clarity Act is under active congressional debate. These developments have been unfolding alongside improving conditions for crypto-linked services in the US market more broadly.

For the blockchain gaming sector specifically, the launch of crypto payment rails within established iGaming infrastructure signals that the infrastructure players have long expected is beginning to arrive through mainstream payment channels rather than exclusively through web3-native platforms. Paysafe processed $167 billion in annualized transaction volume in 2025 and operates across 12 countries with approximately 2,800 employees, giving the new Pay with Crypto product immediate scale from day one.

About MoonPay

MoonPay was founded in 2019 and has grown into a global financial technology company focused on moving value between fiat and digital assets. The company serves more than 30 million customers across 180 countries and supports over 500 enterprise customers spanning crypto and fintech. Its infrastructure covers payment ramps, trading, commerce, and stablecoin rails, connecting traditional financial systems to blockchain networks. MoonPay holds a New York BitLicense, a New York Limited Purpose Trust Charter, money transmitter licenses across the United States, and MiCA authorization in the EU.