Post
Topic
Board Gambling discussion
Re: Is stablecoin gambling killing the crypto edge?
by
tread93
on 07/09/2025, 03:16:27 UTC
Back in the day we were just using the major coins like Bitcoin and some altcoins - no stablecoins yet. We gambled with the price volatility too, but we liked it because it was non-regulated and gave us full freedom in gambling.

Now crypto casinos are very regulated already, meaning we have to comply with KYC. And if we’re using stablecoins like USDT, USDC, BUSD, etc., then it’s really no different from fiat casinos since both the payment method and the casino itself are regulated.

The downside is, does blockchain now just feel like a wrapper? If I’m using USDT, it feels no different from betting with dollars on a centralized e-wallet, aside from slightly cheaper transfers.

So that’s my question, are they killing the crypto edge we enjoyed before?

I mean yea and no. The concertibility is still there with stablecoins but it does make it tedious and more sticky but idk, it is too had that many places are having to do this but I guess such is life and maturity. Just gotta roll with the punches and keep it going