Stablecoin deposits on PaymentIQ: the operator guide

Stablecoin deposits on PaymentIQ: how operators set it up

Stablecoin deposits give an iGaming operator the speed of crypto without the uncertainty of volatility: the player deposits a stable amount, pegged to the euro or the dollar, and the operator chooses settlement in euros or in stablecoins. For an operator on PaymentIQ, Lyzi is already integrated into the platform: activation requires no development, and the assets available are confirmed with our team.

Why stablecoins for deposits

A stablecoin is a digital asset pegged to a currency. For a deposit, that changes two things:

• for the player, the amount deposited is the amount credited, with no price surprise;
• for the operator, reconciliation stays simple and treasury stays readable.

Stablecoins keep the benefits of crypto: a deposit available once confirmed on the blockchain, with no banking delay, and the same flow from one country to another.

Which stablecoins Lyzi supports

• EURC and USDC, issued by Circle;
• EURCV, issued by Société Générale;
• EURE, a euro-pegged stablecoin.

Three euro stablecoins is a strong point for a European operator: the player deposits in their account currency, and the operator avoids an unnecessary FX step. The assets offered in the checkout are agreed with the operator, depending on its markets and licence framework.

Where the stablecoin plugs into PaymentIQ

On PaymentIQ, the checkout displays payment methods, the orchestrator routes transactions, and providers process them. The stablecoin runs through the connected crypto provider, here Lyzi, already integrated. We cover this architecture in our article on crypto payments for iGaming platforms.

Settlement: euros or stablecoins

The operator chooses the currency it receives:

• in euros, for fully conventional treasury;
• in stablecoins, to keep part of its flows in stable digital assets.

Either way, it carries no volatility it has not chosen.

Why Lyzi for stablecoins

• Already integrated into PaymentIQ: plug and play activation.
• ACPR payment agent (REGAFI no. 26900), with stablecoins from identified issuers. See the points to check on a crypto PSP for iGaming.
• Close ties with issuers: Circle and Société Générale.
• Online and on site: integrated into PaymentIQ, connected directly to payment providers such as Luxon Pay, and deployed on land-based casino terminals.
• The same stablecoins online and on site: they are also accepted on the terminals of physical retailers and land-based casinos.

The same logic applies to PSPs and banks serving operators: one integration, and stablecoins become one more service in their offering.

Frequently asked questions

Does the player need to hold stablecoins?
Yes, for a stablecoin deposit. They send them from their wallet or exchange account.

When is the deposit available?
As soon as the transaction is confirmed on the blockchain.

Can the operator receive euros?
Yes. Settlement can be made in euros or in stablecoins, as the operator chooses.

More answers in our FAQ.

Switch on stablecoin deposits on PaymentIQ

Are you an operator on PaymentIQ? Contact the Lyzi team to add stablecoins to your checkout.

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