CoinsPaid has a long track record in iGaming payments, and its merchant gateway won Best Gateway at the GamingTECH CEE Awards in 2026. For an operator working out how to accept stablecoins or crypto, it has been a default name on the shortlist for years.

Anyone comparing the two in 2026 needs one piece of context before the feature tables. The company published a statement on 30 June 2026 saying it does not onboard new clients or enter into new client agreements. This guide covers what that means, then compares the two across products, developer features and settlement.

EukaPay collects stablecoins or crypto from customers and settles to the merchant's own bank account in USD, EUR, GBP, CAD, with a locked exchange rate available on conversion. Invoices, payment links, checkout, subscriptions, a POS terminal and e-commerce plugins run from one account, and crypto payouts in USDC, USDT, ETH, BTC run from the same account. EukaPay onboards new merchants through signup, verification and legal business information.

CoinsPaid, whose merchant gateway now trades as CryptoProcessing by Coinspaid, has deep iGaming experience, a documented API with a sandbox, and mass payouts by CSV and API. Its own published position is that it is not taking on new clients while its Estonian authorisation is under review.

For a business that needs a gateway it can start using now, EukaPay is the one of the two that is open to new merchants.

On 30 June 2026 CryptoProcessing by Coinspaid, operated by Dream Finance OÜ, published an update on its MiCA licensing application in Estonia. Two passages matter to anyone evaluating it.

On authorisation, the company wrote that it has applied to the Estonian Financial Supervision and Resolution Authority for authorisation as a crypto-asset service provider under the Markets in Crypto-Assets Regulation, that the application remains under review, and that no licensing decision has been issued.

On activity, the company wrote that it has restricted its active activities pending the outcome of its licence application, and accordingly does not onboard new clients, open new accounts, enter into new client agreements, expand the scope of services provided to existing clients, or actively market regulated services to clients in the European Economic Area or elsewhere. It also stated that it continues to support its existing clients, and that existing clients may request the withdrawal or transfer of their assets, or terminate their contractual relationship, at any time.

Separately, its legal hub states that Dream Finance UAB in Lithuania has temporarily suspended the provision of all crypto-asset related services, including onboarding, execution of transactions and conclusion of new agreements.

Read as a whole, that is a company serving its existing book and not adding to it, not a company that has ceased operating. If you are already processing through it, see the section on migration below. If you are not, the comparison below is useful mainly for judging what to look for in a replacement.

Both platforms cover the core merchant surface. The gaps are in recurring billing and plugin coverage.

EukaPay's REST API is documented at docs.eukapay.com covering invoices, subscriptions, customers, the payout endpoints and balance transfer, and a sandbox environment is available for development.

EukaPay settles to the merchant's own bank account in USD, EUR, GBP, CAD, and the merchant chooses fiat or crypto settlement. Payouts are sent in USDC, USDT, ETH, BTC across the Ethereum, Tron and Bitcoin networks, with asset and network set per payout, and because payouts settle on-chain they are not tied to banking hours or the banking calendar.

On the CryptoProcessing side there is a gap between the marketing pages and the documentation that is worth knowing about. Its stablecoin page advertises conversion into more than 40 fiat currencies including USD, EUR and GBP. Its developer documentation lists EUR as its supported fiat and states that the other currency codes cannot be withdrawn directly to a bank account. When a provider's docs and its marketing disagree, the docs are the safer planning assumption.

Its asset list is also narrower than the headline suggests, and one omission stands out for a merchant taking stablecoin volume: USDT is not named anywhere on either of its domains. Its published stablecoins are USDC, USDG, EURC and EURS.

The company states that existing clients continue to be supported and may request withdrawal or transfer of assets, or terminate, at any time. That gives you time to plan rather than react, and it also means the decision is yours to make on your own schedule. The practical steps are covered in the migration guide linked at the end of this piece.

iGaming is a EukaPay use case, with

payment acceptance and payouts for gaming operators

covering deposits in stablecoins or crypto and payouts to players from the same account. Payouts are sent in USDC, USDT, ETH, BTC across the Ethereum, Tron and Bitcoin networks, and because they settle on-chain they are not tied to banking hours or the banking calendar.

USDT is a large share of stablecoin payment volume, and it is not named anywhere on the CryptoProcessing domains. EukaPay accepts USDT on the pay-in side and sends it on the payout side. If your customers pay in USDT, confirm support explicitly with any provider rather than reading it into a headline asset count.

The CryptoProcessing documentation lists EUR as its only supported fiat for withdrawal to a bank account. EukaPay settles to the merchant's own bank account in USD, EUR, GBP, CAD. For a business banking in dollars, pounds or Canadian dollars, that is the difference between settlement and an extra conversion step.

Three questions come up before a migration: onboarding, customer impact, and what the integration work actually is.

Withdraw or transfer any remaining balance before you close the old account. There is no direct provider-to-provider transfer of crypto balances.

Is EukaPay taking on new merchants?

Yes. Onboarding runs through signup, verification and legal business information, then API key generation, and every merchant goes through a business review.

Contact the team

to discuss your use case.

Which currencies can EukaPay settle to my bank account?

USD, EUR, GBP, CAD, to your own business bank account. You choose fiat or crypto settlement.

Does EukaPay accept USDT?

Yes. BTC, ETH, USDT, USDC, BCH, LTC, SOL and Lightning are supported on the pay-in side, and payouts are sent in USDC, USDT, ETH, BTC.

What does EukaPay charge?

EukaPay does not publish a public rate card. Pricing is agreed with the EukaPay team based on your business.

Does EukaPay work with iGaming operators?

Yes.

Payment acceptance and payouts for gaming operators

covers player deposits and payouts from one account.

Can EukaPay handle player or affiliate payouts?

Yes. Upload a recipient list as a CSV file in the merchant dashboard, or create payouts through the

Payout API

, in USDC, USDT, ETH, BTC.

Is there a test environment?

Yes. A sandbox environment is available for development, and the endpoints are documented at

docs.eukapay.com

.

How long does onboarding take?

Signup is not instant. Verification and a business review come first, and legal business information is required.

Create your EukaPay account

and explore the dashboard, or

talk to sales

to scope a specific use case.

Last updated: August 2026. Verify current pricing, availability and feature coverage with each provider.