LONDON — April 7, 2026
Executive Summary
Paysafe has announced the launch of Pay with Crypto, a new payment solution designed specifically for iGaming operators and daily fantasy sports (DFS) brands in the United States. The solution, powered by MoonPay, enables players to deposit funds using stablecoins and cryptocurrencies, which are then instantly converted into U.S. dollars for gameplay where permitted.
The launch responds to growing consumer demand for crypto-enabled payments, supported by data indicating that approximately 70.4 million American adults own cryptocurrency and that 83% of U.S. players show interest in using crypto for payments. The product introduces a streamlined deposit experience, integrates with existing operator infrastructure via the Paysafe Gateway, and provides flexible settlement options for operators. This development marks an expansion of Paysafe’s payment ecosystem within the U.S. iGaming market.
Announcement Overview
Paysafe has introduced Pay with Crypto, a payment method developed to allow players in the U.S. iGaming and daily fantasy sports markets to fund their accounts using stablecoins and cryptocurrencies. The solution is powered by MoonPay and is designed to integrate into operator platforms, enabling a frictionless and efficient deposit process.
The product allows users to select their preferred digital asset, connect their crypto or custodial wallet, and complete deposits through a secure and simplified interface. Once the transaction is verified, the deposited cryptocurrency is immediately converted into U.S. dollars, enabling players to begin gameplay without additional steps.
The launch represents an extension of Paysafe’s broader payments offering and aligns with the company’s ongoing development of multi-method payment ecosystems tailored to iGaming operators. The integration through the Paysafe Gateway ensures compatibility with existing payment systems and complements other payment options already available to operators.
Key Announcement Details
Product Launch Identity and Core Announcement Elements
- Announcement Type: Product launch of a crypto-enabled payment solution for digital gaming platforms
- Product Name: Pay with Crypto
- Announcing Organization: Paysafe
- Technology and Infrastructure Partner: MoonPay
- Announcement Date: April 7, 202
- Announcement Location: London
- Core Announcement Statement: Launch of a MoonPay-powered crypto payment method for iGaming and daily fantasy sports brands in the United States
- Solution Classification: Crypto payment method integrated into operator cashier environments
- Deployment Status: Launched and operational as of announcement week
Market Demand, Consumer Behavior, and Supporting Data Points
- Crypto Ownership Statistic: Approximately 70.4 million American adults own cryptocurrency
- Consumer Preference Insight: 83% of U.S. players show appetite for crypto payments based on Paysafe research
- Demand Driver Identified: Growing popularity and adoption of stablecoins and cryptocurrencies
- Consumer Behavior Shift: Cryptocurrency evolving from an investment asset into a usable payment method
- Industry Focus Area: Increasing crypto usage within the U.S. iGaming market
- Use Case Expansion: Transition of crypto from holding asset to transactional utility
Player-Level Functionality and Experience Flow
- Initial Action Step: Player selects Pay with Crypto within the operator cashier interface
- Asset Selection Step: Player chooses preferred stablecoin or cryptocurrency
- Wallet Connection Capability: Integration with crypto wallets and custodial wallets
- Transaction Execution Method: Wallet-based transaction or QR code-based payment
- Mobile Transaction Capability: QR code scanning using mobile devices
- Checkout Technology Utilized: MoonPay Commerce Checkouts
- Transaction Processing Step: Crypto transaction is verified through system protocols
- Post-Verification Action: Instant conversion of crypto deposit into U.S. dollars
- Account Funding Mechanism: Converted USD credited to player account
- Gameplay Readiness: Funds available immediately for use in gaming environment
- User Convenience Feature: No requirement for prior off-platform crypto-to-fiat conversion
- Transaction Efficiency Objective: Seamless and effortless funding experience
Supported Assets, Payment Inputs, and Conversion Framework
- Example Stablecoin Supported: USD Coin (USDC)
- Additional Supported Assets: Other stablecoins and major cryptocurrencies
- Asset Flexibility: Users may select from multiple digital assets
- Conversion Functionality: Automatic crypto-to-fiat conversion
- Conversion Currency: U.S. dollars
- Conversion Timing: Immediately after transaction verification
- Conversion Purpose: Enable compatibility with fiat-based gaming systems
- Underlying Conversion Benefit: Simplifies user journey and reduces friction
Operator Integration, Gateway Infrastructure, and Deployment Model
- Integration Method: Single, streamlined integration process
- Integration Platform: Paysafe Gateway
- Gateway Design Purpose: Built specifically for iGaming environments
- Experience Foundation: 30 years of global payments experience embedded in Gateway
- Integration Outcome: Enables operators to upgrade cashier systems with crypto payments
- Deployment Efficiency: Simplified onboarding for operators adopting new payment method
- Operational Alignment: Integration within existing payment workflows
Existing Payment Capabilities within Paysafe Gateway
- Card Payment Support: Available within Gateway
- Digital Wallet Offering: Skrill
- eCash Solution: PaysafeCash
- Bank Payment Method: Pay by Bank
- Local Payment Methods: More than 30 supported
- Expanded Capability: Addition of Pay with Crypto as a new payment option
- Ecosystem Objective: Diversify payment offerings to meet evolving preferences
Operator Settlement Options and Financial Handling
- Settlement Option – Stablecoins: Operators can receive payments in stablecoins
- Settlement Destination – Crypto Wallet: Stablecoin settlement into operator crypto wallet
- Settlement Option – Fiat: U.S. dollars settlement available
- Additional Fiat Options: Settlement in other major fiat currencies
- Settlement Infrastructure Provider: MoonPay
- Settlement Mechanism: Virtual Accounts powered by Iron
- Settlement Speed Capability: Near-instant settlement in stablecoins
- Financial Flexibility Objective: Allow operators to choose preferred settlement format
- Treasury Management Alignment: Supports varied financial strategies
Technology Stack and Infrastructure Capabilities
- Core Technology Provider: MoonPay
- Infrastructure Type: Crypto payments and stablecoin infrastructure
- System Functionality: Enables seamless crypto-to-fiat payment processing
- Transaction Enablement: Real-time transaction verification and conversion
- Commerce Layer: MoonPay Commerce Checkouts
- Backend Infrastructure: Supports scalable financial operations
- Connectivity Model: Integration between digital asset wallets and gaming cashier systems
Strategic Positioning and Business Objectives
- Strategic Initiative: Expansion of crypto payment capabilities within Paysafe ecosystem
- Growth Objective: Support continued business growth
- Market Expansion Goal: Enable entry into new markets
- Product Expansion Objective: Broaden payment offerings over time
- Customer Reach Goal: Expand accessibility to wider user base
- Operational Standardization Objective: Achieve greater uniformity across markets
- Industry Alignment: Respond to evolving transactional preferences of users
Executive Commentary – Paysafe Leadership
- Executive Name: Zak Cutler
- Title: President of Global Gaming
- Key Observations from Statement:
- Stablecoins are increasing in popularity
- Cryptocurrency is transitioning into a payment mechanism
- Adoption is accelerating in the U.S. iGaming market
- Strategic Positioning Statement: Pay with Crypto positions operators for changing transactional preferences
- Future-Oriented Statement: Represents the future of how players pay within gaming environments
Executive Commentary – MoonPay Leadership
- Executive Name: Ivan Soto-Wright
- Title: Founder and Chief Executive Officer
- Key Observations from Statement:
- Crypto rails improve speed and efficiency of payments
- Focus on bridging gap between crypto and real-world usage
- User Experience Insight: Users prefer using existing digital assets rather than converting
- Partnership Value Statement: Paysafe extends crypto usability through trusted platforms
Disclaimer and Risk Disclosure
- Endorsement Clarification: Paysafe and affiliates do not endorse or promote gambling
- Risk Statement: Gambling carries inherent financial risk and potential for financial loss
- Responsibility Guidance: Activities should be conducted responsibly and with moderation
- Legal Compliance Requirement: Must comply with applicable laws and regulations
About Paysafe – Corporate Overview and Operational Metrics
- Company Name: Paysafe
- Business Classification: Global payments platform
- Core Focus Area: Experience economy
- Industries Served:
- iGaming
- Video gaming
- E-commerce
- Online trading
- Retail
- Travel
- Hospitality
- Experience Duration: 30 years in payment technology
- Core Offering Description: Seamless and secure payment solutions
- Key Products and Services:
- Card payments
- Skrill digital wallet
- PaysafeCard eCash solution
- Local payment methods
- Workforce Size: Approximately 2,800 employees
- Geographic Footprint: 12 countries
- Transactional Volume: $167 billion annualized in 2025
- Global Function: Connecting businesses and consumers worldwide
About MoonPay – Corporate Overview and Capabilities
- Company Name: MoonPay
- Year Founded: 2019
- Company Type: Financial technology company
- Core Function: Movement of value across fiat and digital assets
- Customer Base Size: Over 30 million customers
- Geographic Coverage: 180 countries
- Enterprise Client Base: More than 500 enterprise customers
- Core Product Capabilities:
- Payment ramps
- Trading services
- Commerce solutions
- Stablecoin infrastructure
- System Integration Capability: Connects traditional payment rails with blockchain systems
Regulatory Coverage and Licensing – MoonPay
- New York BitLicense: Held
- New York Limited Purpose Trust Charter: Held
- U.S. Licensing: Money transmitter licenses across multiple states
- European Authorization: MiCA authorization
- Regulatory Scope: Broad international compliance coverage
Brand and Positioning Statements
- MoonPay Brand Statement: MoonPay is how the world moves value
- Paysafe Value Proposition: Enables seamless digital payment experiences globally
Product Functionality and User Experience
The Pay with Crypto solution enables players to deposit funds directly using digital assets, providing a structured process designed to simplify crypto-based payments within iGaming environments.
After selecting the Pay with Crypto option, players can choose their preferred stablecoin or cryptocurrency, including assets such as USD Coin (USDC) or other widely used tokens. The system allows users to connect their crypto wallet or custodial wallet, enabling direct interaction with their digital assets.
The payment process is supported by MoonPay Commerce Checkouts technology, which introduces additional flexibility by allowing transactions to be completed through QR code scanning via mobile devices. This functionality facilitates a user experience that accommodates both desktop and mobile usage.
Once the transaction has been verified, the deposited cryptocurrency is converted instantly into U.S. dollars, ensuring compatibility with iGaming platforms that operate in fiat currency environments. This eliminates the need for players to manually convert assets before initiating deposits.
The structure of the solution ensures that players can utilize their existing digital assets directly, without requiring intermediary steps, while maintaining alignment with the operational requirements of regulated iGaming platforms.
Operator Integration and Infrastructure Capabilities
For operators, the introduction of Pay with Crypto provides an additional payment method that integrates directly into existing cashier systems through the Paysafe Gateway. This integration is designed to be streamlined and efficient, requiring a single implementation to enable access to the full suite of Paysafe payment solutions.
The Paysafe Gateway has been developed specifically for iGaming applications and reflects the company’s 30 years of experience in global payment technology. The addition of Pay with Crypto expands the Gateway’s functionality, complementing its existing capabilities.
These include:
- Card payment processing
- Skrill digital wallet integration
- PaysafeCash eCash solution
- Pay by Bank functionality
- More than 30 local payment methods
By incorporating Pay with Crypto, operators gain the ability to diversify their payment offerings, addressing evolving user preferences while maintaining operational consistency.
The integration also supports scalable deployment, enabling operators to implement crypto payment functionality across multiple jurisdictions where permitted, without requiring extensive system modifications.
Settlement Flexibility and Financial Processing
The Pay with Crypto solution provides multiple settlement options for operators, enabling flexibility in how funds are received and managed.
Operators can choose to:
- Settle payments in stablecoins, receiving funds directly into their business crypto wallet
- Settle in U.S. dollars or other fiat currencies, using MoonPay’s Virtual Accounts powered by Iron
This dual settlement capability allows operators to align payment processing with their internal financial strategies and operational requirements.
The ability to settle almost instantly in stablecoins introduces an alternative to traditional settlement timelines, while fiat settlement ensures compatibility with existing financial systems and reporting structures.
This flexibility supports a broader range of operational models and enables operators to adapt their payment infrastructure based on evolving market conditions and preferences.
Market Demand and Consumer Adoption Trends
The launch of Pay with Crypto is supported by data indicating increasing adoption of cryptocurrency among U.S. consumers.
According to reported figures:
- Approximately 70.4 million American adults own cryptocurrency
- 83% of U.S. players have expressed interest in crypto payments
These figures reflect a shift in consumer behavior, where digital assets are increasingly considered not only as investment instruments but also as functional payment methods.
Paysafe’s introduction of Pay with Crypto is positioned to address this demand by providing a direct and accessible mechanism for using digital assets within iGaming environments.
The solution aligns with the observed trend of expanding payment options within the iGaming sector, where operators are incorporating diverse payment methods to accommodate user preferences and improve transaction accessibility.
Leadership Commentary
Zak Cutler, President of Global Gaming at Paysafe, stated:
“Galvanized by the growing popularity of stablecoins, cryptocurrency is evolving in the U.S. from an investment asset into a unit of value for payments, and we’re seeing this shift gather pace in the country’s iGaming market. Against this backdrop, we’re delighted to unveil Pay with Crypto, a forward-thinking solution that strongly positions U.S. operators for their customers’ changing transactional preferences – the future of how they pay when they play.”
Ivan Soto-Wright, Founder and CEO of MoonPay, commented:
“Crypto rails are making payments faster and more efficient, and our job is to close the gap between this technology and real-world utility. People shouldn’t have to convert their digital assets just to make a purchase – they want to use what they already have. Paysafe brings that experience to more people through trusted, regulated platforms.”
Technology Framework and Payments Ecosystem Expansion
The introduction of Pay with Crypto reflects an expansion of Paysafe’s broader payments ecosystem, which is designed to support multiple transaction methods across industries.
The integration of MoonPay’s infrastructure provides a technology layer that connects traditional financial systems with blockchain-based assets, enabling seamless interaction between fiat and crypto environments.
This framework supports:
- Real-time transaction processing
- Secure wallet connectivity
- Automated currency conversion
- Scalable payment integration
The combination of Paysafe’s payment platform and MoonPay’s crypto infrastructure creates a system that facilitates efficient and reliable transaction flows within regulated markets.
This approach aligns with the continued development of hybrid payment models, where digital and traditional financial systems operate in parallel to support diverse user needs.
Disclaimer
Neither Paysafe nor any of its affiliates endorse or promote any form of wagering or gambling. All forms of gambling and betting, whether online or otherwise, involve inherent financial risk, including the potential for financial loss. Any participation in such activities should be conducted responsibly and in compliance with applicable laws and regulations.
About Paysafe
Paysafe is a global payments platform focused on powering the experience economy, with operations spanning sectors including iGaming, video gaming, e-commerce, online trading, retail, travel, and hospitality.
With 30 years of expertise in payment technology, Paysafe provides solutions designed to enable secure and seamless transactions for businesses and consumers. Its offerings include:
- Card payment solutions
- Digital wallets such as Skrill
- eCash products including PaysafeCard
- Local payment methods across multiple regions
The company employs approximately 2,800 people across 12 countries and reported an annualized transactional volume of $167 billion in 2025. Paysafe’s platform connects businesses and consumers globally through integrated digital payment experiences.
About MoonPay
MoonPay is a global financial technology company founded in 2019, focused on enabling the movement of value across fiat and digital assets.
The company serves more than 30 million customers across 180 countries and supports over 500 enterprise clients within the crypto and fintech sectors.
MoonPay’s infrastructure includes:
- On-ramps and off-ramps for digital assets
- Trading and commerce solutions
- Stablecoin infrastructure
- API-based integrations connecting traditional payments with blockchain systems
MoonPay maintains a broad regulatory presence, including:
- New York BitLicense
- New York Limited Purpose Trust Charter
- Money transmitter licenses across the United States
- MiCA authorization in the European Union
The company provides infrastructure designed to enable businesses to integrate digital asset capabilities into their financial products.
Media Contact
For additional information, visit paysafe.com.
Source Attribution
Source: Company announcement
