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?
Not killing tho, the fact that you can still deposit Btc and altcoins, it's still usable and many people preferred bitcoin and altcoins because they are still holding it. If they're just using USDT in the first place, then probably they will just use normal gambling platforms and not crypto gambling platforms.
It also depends on the gambling platform if they will allow stables or prefer blue chip coins. They even push BTC or ETH only to keep that pure crypto vibe and attracts those who only have those specific crypto coins.