Paysafe and MoonPay have launched Pay with Crypto, letting US players fund licensed casino and sportsbook accounts directly with cryptocurrency. No manual conversion needed.
About 70 million Americans own cryptocurrency. Until April 7, almost none of them could use it directly at a licensed US casino without first jumping through hoops. The process meant converting crypto to dollars on an exchange, waiting for that to clear, then moving the funds across. It was slow, fiddly, and enough to put most people off.
Paysafe just removed all of that friction. Its new crypto casino payments US solution, built with crypto payments company MoonPay, lets players go straight from their wallet to their casino account in one step. What does this mean for the future of US online gambling?
What Is Pay with Crypto?
Pay with Crypto is a new deposit option built by global payments platform Paysafe, powered by MoonPay iGaming infrastructure. It went live on April 7, 2026, for licensed iGaming operators and daily fantasy sports brands across the US.
The feature of Paysafe Pay with Crypto lets players fund their accounts using USDC, Bitcoin, and other major cryptocurrencies or stablecoins. The crypto is converted to US dollars instantly, so you play in dollars but deposit straight from your wallet. There is no exchange account to set up, no manual conversion step, and no waiting around for a bank transfer to land.
How It Works: Step by Step
The process is simple. At the cashier page of any participating platform, select Pay with Crypto, then choose your preferred digital asset. From there, connect your crypto or custodial wallet. MoonPay’s Commerce Checkout handles the rest. If you are on mobile, you can also scan a QR code to complete the transaction without typing anything in.
Once the payment is verified, your crypto is converted to US dollars and credited to your account. The whole thing is designed to take under a minute. For players who want to fund casino account with crypto without the hassle of an exchange, that speed is the entire point.
Why This Is a Big Deal
The numbers behind this launch are hard to ignore. About 70.4 million US adults own cryptocurrency, and Paysafe’s own research found that 83% of US players want to use it for gaming payments. The demand has always been there. What was missing was a clean, simple way to act on it.
For operators, cryptocurrency casino deposit 2026 infrastructure also solves a separate problem: volatility. Operators can choose to receive settlements in stablecoins almost instantly, or convert everything to US dollars through MoonPay’s Virtual Accounts. Either way, nobody has to hold a volatile asset overnight.
What This Means for the Sweepstakes Casino Space
Pay with Crypto applies to licensed real-money platforms, not sweepstakes casinos, which do not process real-money deposits. But the direction of travel is still relevant. The overlap between crypto users and sweepstakes players is growing. Stake.us has been crypto-native from the start, and USDC gambling infrastructure is now mainstream in the licensed space. As crypto payments become standard in regulated US gambling, sweepstakes platforms will face pressure to offer the same flexibility.
What Comes Next
The days of complicated crypto exchanges are over. Thanks to Paysafe, using Bitcoin and other cryptocurrencies to fund your gaming account is now as easy as using a debit card. Crypto isn't just a side option anymore; it's a main choice on the deposit menu. This changes the game for everyone, but the most exciting part is what happens next. Will every online casino in America start going crypto?
