PayPal expands gambling payment options and adds crypto stablecoin support

PayPal announced new functionality that lets users deposit and withdraw funds on online betting and casino platforms. The update, slated to roll out between September and November, includes higher betting limits, lower fees and the ability to use PayPal’s own stablecoin, PyUSD, for transactions. The changes are aimed at gambling operators in markets such as Spain and Germany, with several casino brands already testing the integration.

PayPal also introduced a crypto‑based payment option, allowing fiat‑to‑crypto conversions within the platform. The company said the features will be available to merchants worldwide, with further refinements expected through 2025‑2026.