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CLAPS Unveils Crypto Sportsbook With On-Chain Payments and Instant Fiat Access | NFT News Today

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CLAPS Unveils Crypto Sportsbook With On-Chain Payments and Instant Fiat Access | NFT News Today
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CLAPS, a Web3-native casino platform, launched its crypto sportsbook in May 2025. The addition extends its existing gambling services by introducing live and pre-match sports betting backed by on-chain deposits and fiat onboarding. Players can fund their accounts using BTC, ETH, BNB, SOL, or USDT, while fiat users access the platform through MoonPay integration. Wagers are executed off-chain for speed, while deposits and withdrawals remain verifiable on-chain. 

This hybrid infrastructure marks a growing move toward blockchain gambling, where platforms are expected to deliver both performance and provable control over funds.

CLAPS Takes Crypto Betting Mainstream

Originally focused on decentralized casino games, CLAPS now enters the sportsbook market to compete with hybrid platforms and established betting operators. Its direct-wallet structure eliminates the need for custodial accounts or third-party exchanges. Players interact using self-custodied crypto wallets, a model increasingly adopted by those prioritizing privacy and asset sovereignty.

Platforms like this one are part of a new generation of websites that allow crypto play, combining blockchain-backed accountability with real-money betting across multiple categories. CLAPS aims to extend that model into sports betting without altering its technical foundations.

Full Token Support and Transparent Transactions

The sportsbook supports a range of major digital assets. Among these, USDT stands out due to its role in enabling consistent transaction values in volatile markets.

According to Forbes, stablecoins such as USDT have unleashed a $10 billion global crypto casino boom by allowing fast, low-slippage transfers between players and platforms. CLAPS incorporates USDT not only as a practical deposit method but also to meet user expectations for speed and reliability.

Wallet-level control is central to the experience – players can track balances on-chain, verify deposit history, and withdraw without platform-mediated delays. These features align with broader Web3 design principles, where transparency and user agency are considered non-negotiable.

Why Off-Chain Execution Still Matters

Bet execution with CLAPS is handled via off-chain processing. This means that while deposits and payouts are recorded on-chain, the actual wagering process takes place through an off-chain engine designed to respond in real time.

The decision addresses performance limitations that affect platforms relying solely on blockchain confirmations. A 2025 peer-reviewed paper on security challenges and performance trade-offs in on-chain and off-chain blockchain storage confirms that hybrid blockchain designs are increasingly adopted to reconcile performance demands with verifiable fund management. In sportsbook contexts, this allows live betting markets to remain responsive under high load, while deposits and withdrawals stay auditable on-chain.

Fiat Users Included – Without Sacrificing Web3

To improve accessibility, CLAPS integrates MoonPay as a fiat-to-crypto on-ramp. This allows users to purchase digital assets using conventional payment methods directly within the platform. Once converted, those assets are used natively, no proxy tokens or off-ledger balances.

This model allows users to enter and exit the platform through crypto rails, even if they began with fiat. Offshore sportsbooks often rely on separate fiat processors and offer only partial withdrawal functionality in digital assets. CLAPS bypasses that complexity by consolidating the flow within a single interface. As a result, users who may be unfamiliar with Web3 tools can still participate without compromising the protocol’s core features.

Market Signal – Sports Betting Is Crypto’s Next Growth Front

According to the Statista worldwide gambling report, global gambling revenue is projected to reach $449.67 billion in 2025, with a compound annual growth rate of 3.21%. CLAPS is entering the market just as crypto-native betting aligns with a gambling sector projected to surpass $510 billion globally by 2029. That timing is not incidental. It reflects how blockchain-based sportsbooks are evolving from edge experiments into real infrastructure within the global gambling economy, defined not by novelty, but by performance, compliance, and market readiness.



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