Best Stablecoins for Crypto Gambling

If you own any cryptocurrencies, you might feel like you're already taking a risk. So why move your funds to casinos and amplify the possibility of losing?

That's because some people love casino games and betting on sports. There's an option for how to keep money in the crypto space and enjoy gambling thrills simultaneously. Just use stablecoins, and you'll avoid crypto market volatility.

Learn more about stablecoins and which ones are supported by crypto casinos.

USDC Gambling

USD Coin (USDC) is one of the best choices when it comes to crypto gambling. Keep your portfolio out of high-volatility waters that are typical for crypto markets.

Various stablecoins are designed with different mechanisms to peg their value to the US dollar (or other FIAT currencies). USDC uses the simple 100% collateralization approach, meaning that for every 1 USDC there is $1 USD held in reserve. The cryptocurrency is developed by Circle and Centre — established companies in the fintech sector.

As you can see, there are reasons to trust in the USDC system and treat yourself with a good sleep even if you've got large quantities in this stablecoin.

And what games can you play with USDC? Try out BCGame or BetFury casinos to play thousands of slot machines and in-house games, or enter the live casino (Blackjack, Roulette, Craps).

The great thing about these casinos is multiple blockchains support. Send USC within the Ethereum network, BNB Chain, AVAX, or other networks. Choose your favorite way to transfer USDC. Or pick the inexpensive blockchains to optimize your transaction costs.

See more crypto casinos accepting USDC.

USDT Gambling

Another reasonable option for crypto gambling would be Tether (USDT). USDT stablecoin is accepted by casinos like BCGame, and BetFury, too. The most popular crypto betting site Stake has implemented USDT recently as well.

So with USDT, you can access all the slots, Plinko, Blackjack, and other games. If you're into sports, crypto bookies cover the most of relevant matches and leagues. Place bets on soccer, NBA, NFL, or esports.

The USDT peg is ensured by a similar mechanism as Circle's USDC one. Every 1 USDT should be backed by 1 USD in reserves. That's what Tether company claims, although there are some doubts about that as the transparency of the USDT reserve assets remains unclear.

It isn't an issue for most crypto users as USDT is the #1 stablecoin in terms of total market capitalization. Similar to USDC, you can send USDT tokens via several blockchains and lower the transaction costs.

Explore all trusted casinos with USDT support.

Conclusion

As the popularity of the crypto sphere grows, many new gambling sites have appeared. They try to attract players with unique features, generous rewards, and Provably Fair games.

To access all these benefits you have to own crypto. But to shield yourself from a volatile crypto environment, you should acquire any trusted and supported stablecoins. Go with USDT and USDC to enjoy crypto gambling.