1win Adds USDC on Solana in Crypto Casino Expansion
1win, an online casino and sportsbook brand popular in international markets, has added USDC as a payment option on the Solana blockchain. The move lets players deposit and withdraw using the US dollar-pegged stablecoin through a faster, lower-fee network, and comes alongside the operator’s wider push into Web3 community projects.
Key facts
- 1win now supports USDC deposits and withdrawals via the Solana blockchain network.
- The operator is taking part in Web3 community initiatives, including a fundraising campaign run by Sona supporting emergency relief efforts in Nepal.
- 1win’s own cryptocurrency, the 1win Token, is reportedly nearing a further stage of development.
- The expansion fits a broader trend of international (non-UK-licensed) casino brands widening crypto payment support to attract digitally-minded players.
The details
Stablecoins like USDC are cryptocurrencies designed to hold a steady value, usually pegged one-to-one with the US dollar, which makes them attractive for gambling payments compared to more volatile coins like Bitcoin or Ethereum. By building USDC support on Solana – a blockchain known for quick transaction times and low network fees – 1win is aiming to give players a way to move funds in and out of their accounts without the delays or costs sometimes associated with older blockchain networks or traditional banking rails.
Alongside the payments update, 1win has been positioning itself within the wider Web3 space, the umbrella term for blockchain-based platforms and communities. Its involvement in Sona’s fundraising campaign for emergency relief in Nepal signals an effort to build goodwill and visibility among crypto-native audiences, rather than a gambling-specific promotion. The company is also reported to be developing its own branded token, the 1win Token, though details on its rollout timeline and function within the platform remain limited.
Crypto integration has become a defining feature of many operators serving markets outside UK regulation, where digital currencies are often more readily accepted than in tightly regulated jurisdictions. Brands licensed in places like Curacao or operating under other international frameworks have leaned into crypto payments as a point of differentiation, offering speed and accessibility that traditional card or bank transfers can’t always match.
What this means for players
For players who already use cryptocurrency, faster and cheaper deposit and withdrawal options can be a genuine convenience. USDC’s price stability also removes some of the guesswork involved in gambling with coins that can swing in value between the time you deposit and the time you cash out.
That said, it’s worth remembering that crypto casinos operating outside UK regulation don’t all offer the same level of player protection. Licensing standards vary significantly between jurisdictions – a Malta Gaming Authority licence, for example, comes with different requirements around fund segregation, dispute resolution and responsible gambling tools than a Curacao licence does. Before using any crypto payment method, it’s sensible to check which licence a site holds, read its terms around withdrawal limits, and confirm how disputes are handled if something goes wrong with a transaction. Crypto payments can be fast, but that speed doesn’t replace the need for basic due diligence on where you’re playing.