Stablecoin Deposits Now Outpace BTC at Major Crypto Casinos

USDT and USDC deposits have overtaken Bitcoin at several large operators as players look to avoid price swings mid-session.

Operators report that dollar-pegged stablecoins now account for the majority of deposit volume, up sharply year on year.

The reason players give is simple: a Bitcoin balance can lose value during a long session regardless of how the bets go, while a stablecoin balance does not.

Casinos have responded by adding more stablecoin networks and, in some cases, quoting bonuses directly in USDT rather than a local currency.