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Stock impact report

Paysafe launches Pay with Crypto solution to meet US iGaming market demand

Paysafe Limited Common Shares (PSFE) 
Company Research Source: Business Wire
New MoonPay-powered product enables players to seamlessly deposit in stablecoins and cryptocurrencies at iGaming and daily fantasy sports brands LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a global payments platform, today announced the launch of Pay with Crypto, a new crypto payment method for iGaming operators and daily fantasy sports brands in the U.S. market. Powered by MoonPay, the leader in global crypto payments and stablecoin infrastructure, Pay with Crypto allows iGaming brands’ customers to use their preferred stablecoin or cryptocurrency to effortlessly fund their player accounts, where permitted.With a reported ~70.4m American adults owning cryptocurrency and with Paysafe’s own research indicating that 83% of U.S. players have appetite for crypto payments, the company has responded to meet this demand with Pay with Crypto. Whether a player wants to fund their iGaming account using USD Coin (USDC), another stablecoin, or any major cryptocurrency, Paysafe’s new payment Show less Read more
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