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Sébastien Estines
Co-founder Lyzi
Salon Planete Monetic on June 18th, 2026
An online gaming operator accepting volatile crypto assets like bitcoin carries a risk it may not have consciously chosen: the value of a player's deposit can shift between the moment of deposit and the moment of withdrawal. Euro-settled stablecoins remove that variable entirely, which changes the picture for payment processing.
A player who deposits the equivalent of 100 euros in bitcoin can end up, by the time they withdraw their winnings, with an amount that no longer matches the same euro value. For the operator, this complicates accounting, tax reporting and treasury management, since the volatile crypto position has to be actively managed to avoid exposing the business to market risk it never intended to take on.
A euro-backed stablecoin like EURC removes this problem at the source. The player deposits a value, the operator receives that same value, with no intermediate conversion introducing risk.
EURC is the reference point for an operator that wants to stay in constant euro exposure, but USDC remains genuinely relevant for the international player base that already holds this asset and would rather not go through an extra conversion before depositing. Accepting both stablecoins instead of just one widens the player base without complicating the deposit experience.
Integration runs through a PSP-to-bank connection that handles receiving the stablecoin and settling it, in euros or directly in stablecoins depending on what the operator wants to hold in treasury. This flexibility lets the operator keep stablecoin exposure if there's a treasury advantage to it, or convert everything to standard euros if it would rather not manage any digital asset at all.
The same principle applies to merchants that already accept crypto outside the gaming sector, the flexible settlement logic isn't specific to iGaming.
Not all stablecoins are equal from a regulatory standpoint. An online gaming operator, already under heightened compliance obligations, has every reason to work only with stablecoins regulated in the European Union, such as EURC or USDC, rather than unregulated stablecoins that would add another layer of uncertainty to an already complex compliance file.
Before integrating stablecoins as a settlement method, an operator should clarify with its payment partner the exact list of supported stablecoins and the settlement flexibility available, two points that directly shape the deposit and withdrawal experience for its players.
