Cloudbet rolls out Dai stablecoin in Argentina

						Array
(
    [conclusion] => Array
        (
            [0] => 
        )

    [post_sponsor_aff_link] => Array
        (
            [0] => 
        )

    [casino_url] => Array
        (
            [0] => 
        )

    [casino_street_address] => Array
        (
            [0] => 
        )

    [casino_post_code] => Array
        (
            [0] => 
        )

    [year_founded] => Array
        (
            [0] => 
        )

    [withdrawal_limit] => Array
        (
            [0] => 
        )

    [reviewrating] => Array
        (
            [0] => 
        )

    [bestrating] => Array
        (
            [0] => 
        )

    [cgn_score] => Array
        (
            [0] => 
        )

    [casino_key_feature_1] => Array
        (
            [0] => 
        )

    [casino_key_feature_2] => Array
        (
            [0] => 
        )

    [casino_key_feature_3] => Array
        (
            [0] => 
        )

    [bonus_text_top] => Array
        (
            [0] => 
        )

    [bonus_text_bottom] => Array
        (
            [0] => 
        )

    [casino_review_reference] => Array
        (
            [0] => 
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_thumbnail_id] => Array
        (
            [0] => 14722
        )

    [ppma_authors_name] => Array
        (
            [0] => Alex
        )

)

Last Update: September 21, 2022

2 mins read

Cloudbet has chosen MakerDAO's Dai token to add more stability and security to consumers in the region.

The initiative comes along with the “Red Card Money Back” promotion which will allow sports fans to pick an Argentine soccer event and bet on it using Dai.

New players will be eligible for a 1,000 Dai welcome bonus, making it possible to start with a significant war chest when you first join Cloudbet in Argentina.

The Dai token complements a selection of stablecoins already featured as part of the offer, including USD Tether, USD Coin and Pax Gold.

Cloudbet has been focusing on stablecoins as a way to allow players and bettors to use a currency that isn't prone to sudden changes in value.

Commenting on stablecoins and the recent move, a Cloudbet spokesperson said:”Stablecoins are supremely relevant in Argentina, where individuals are looking to protect the value of their assets. We said recently that we intend to add more coins that are specifically appropriate for this market, and we’re now following through.”

Cloudbet has been spearheading innovation in the crypto betting space, after introducing several no margin promotions, with the sportsbook charging no fees on individual bets. The company followed up with the “best odds” campaigns.

Cloudbet remains a leader in gaming solutions and with the company's expansion on the Latin American market, more good things are coming the operator’s way.

Want the chance to win an iPhone 11 Pro? Then take a couple of minutes to complete our CGN survey.

Alex

Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.

View all posts

QTech Games strengthens casino gaming library with Turbo Games

Twitch expands gambling ban, adds Gamdom and Blaze to list

Crypto industry welcomes U.S. regulation as ties between crypto & U.S. tighten

AlphaPo hack sees company lose at least $31 million of funds

SEC chairman doubles down on crypto position

Looking for your next crypto casino? Check out: Mega Dice or FortuneJack

Array ( [0] => WP_Term Object ( [term_id] => 5226 [name] => metaverse [slug] => metaverse [term_group] => 0 [term_taxonomy_id] => 5226 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 93 [filter] => raw ) [1] => WP_Term Object ( [term_id] => 5246 [name] => NFT [slug] => nft [term_group] => 0 [term_taxonomy_id] => 5246 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 308 [filter] => raw ) [2] => WP_Term Object ( [term_id] => 5172 [name] => sport [slug] => sport [term_group] => 0 [term_taxonomy_id] => 5172 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 2 [filter] => raw ) )

Array ( [0] => WP_Term Object ( [term_id] => 8341 [name] => Kick [slug] => kick [term_group] => 0 [term_taxonomy_id] => 8341 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 23 [filter] => raw ) [1] => WP_Term Object ( [term_id] => 374 [name] => Stake.com [slug] => stake-com [term_group] => 0 [term_taxonomy_id] => 374 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 59 [filter] => raw ) [2] => WP_Term Object ( [term_id] => 4593 [name] => streaming [slug] => streaming [term_group] => 0 [term_taxonomy_id] => 4593 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 25 [filter] => raw ) )

Array ( [0] => WP_Term Object ( [term_id] => 4513 [name] => crypto [slug] => crypto [term_group] => 0 [term_taxonomy_id] => 4513 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 2400 [filter] => raw ) [1] => WP_Term Object ( [term_id] => 3357 [name] => gambling [slug] => gambling [term_group] => 0 [term_taxonomy_id] => 3357 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 494 [filter] => raw ) )

Cloudbet rolls out Dai stablecoin in Argentina

Best Casinos to play with…
Bitcoin

Bitcoin

Ethereum

Tether

Similar News

MeetKai and Meta-Stadiums unveil FIFA sports metaverse

Kick streamer Jon Zherka faces ban amid controversy

Sniper Marketplace boosts NFT choices with $CROWN and $DGEN...

Best Casinos to play with… Bitcoin Bitcoin Ethereum Tether

Similar News

MeetKai and Meta-Stadiums unveil FIFA sports metaverse

Kick streamer Jon Zherka faces ban amid controversy

Sniper Marketplace boosts NFT choices with $CROWN and $DGEN...

Best Casinos to play with…
Bitcoin

Bitcoin

Ethereum

Tether