Crypto sportsbook and casino Cloudbet has added USD Tether to the portfolio of cryptocurrencies it supports. 

After a month of testing with a small group of players, Tether has become the first stablecoin to be accepted by the operator. All customers can now deposit, withdraw and bet with USDT – which is pegged to the US dollar. 

New players depositing with USDT at Cloudbet are also eligible for a welcome bonus of up to 1,000 USDT, and customers can buy Tether directly on the site using credit cards or Apple Pay. 

Cloudbet launched in 2013 as a Bitcoin (BTC) casino. In early 2018 it added Bitcoin Cash (BCH), and earlier this year it added Ether (ETH). In April this year the operator launched a new improved website. 

The new site also added UFC in-play betting, new language options, and a comprehensive selection of esports. 

Discussing the news a Cloudbet spokesperson said:

“We’ve accelerated our feature rollouts tremendously, thanks to the systems and processes we put in place to build the new website. The market can look forward to many more new features and new coins in the coming months.”

“Since launch, a fundamental part of our philosophy has been about empowering players with technologies that solve their problems. USDT and stablecoins are an extension of that.”

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