Post
Topic
Board Gambling discussion
Re: Is it beneficial for the crypto casinos to add stable coins?
by
milewilda
on 10/07/2020, 09:30:00 UTC
I came across the article below as I was browsing for gambling news today, it was cloudbet that I just found out they added stable coins already since I am not really an active user of the site though I created an account their years ago, which I can still access for sure.

Cloudbet Adds USD Tether as First Stablecoin Solution


Now, here's my questions, is it beneficial for the crypto gambling industry and can we expect other popular casinos in the forum will soon add stable coins?

Everything is beneficial as long players would able to make deposits into the gambling site itself neither he do uses volatile coins such as BTC and other top alts or using up stable coins.
For house concern then we know that they do rely on House edge which means adding up stable coins wont really be that a big thing but it would be an option that might pull out some gamblers that
are preferring to use stable coins to avoid market volatility while they do play but most of the time i cant really say that people are minding that much when they do already make use of their crypto.
They are willing on what would they earn and whats the value of it when they do tend to cash out and tend to convert it.