Cloudbet Adds USDT as It Ventures into Stablecoin Betting

Renowned crypto-powered sports betting and casino site, Cloudbet has recently announced that it has added a USD Tether to its portfolio of digital currencies. This marks the company’s very first venture into the world of stablecoin betting. Needless to say, this a welcome development that is certainly set to turn heads in the betting and crypto communities.

The announcement of the new venture comes after a month of testing where Cloudbet sought the help of a select number of customers. This testing phase has since come to an end after the company was satisfied with the way everything was working. Now Cloudbet customers have the ability to deposit, withdraw, and place bets using the USDT coin, a popular digital currency whose value is tied to the US Dollar. USDT can be bought on the site using a number of popular payment methods including Apple Pay and several credit cards.

With the site now getting even more attention, Cloudbet has gone a step further by giving more players an incentive to join the fun. This comes in the form of a massive 1,000 USDT welcome bonus for new customers.

The fun does not stop there. Naturally, the company will have to work hard in order to keep improving the platform and. They even have more offerings in the pipeline.

“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.”

A Cloudbet Spokesperson.

The spokesperson went on to point out the fact that the launch was part of the company’s wider strategy to empower their customers with the best technology.

Capitalizing on Esports

Earlier in May, Cloudbet launched an esports vertical that was designed to completely enhance the player experience in more ways than any other platform did. This move has since paid off quite decently owing to the fact that it delivered on the promise of a truly exceptional esports experience.

Thanks to the new esports betting vertical, bettors and esports enthusiasts have been able to fully immerse themselves in the action by placing bets on live-stream of esports using crypto. There are tons of betting options including odds for FIFA20, League of Legends, Call of Duty, Dota 2, Overwatch, NBA 2K, Rainbow Six Siege, and CS:GO among others.

The addition of USDT implies that an even larger number of people will now be able to use the platform. USDT may be a great option for those who are skeptical about crypto especially considering the volatility of some of the digital tokens.