CLAPS Revolutionizes Sports Betting with Crypto-Native Platform and USDT Integration
CLAPS, a blockchain-based iGaming platform, has launched a crypto-native sportsbook, enabling users to place sports bets using digital assets like USDT. The platform offers various betting options, including singles, parlays, and system bets, with both pre-match and live betting features. Emphasizing transparency and efficiency, CLAPS processes all deposits and withdrawals on-chain, ensuring fast and secure transactions. This innovative approach positions CLAPS as a leader in the crypto-gaming space, leveraging blockchain technology to enhance user trust and experience.
CLAPS Launches Crypto-Native Sportsbook with On-Chain Transparency
CLAPS, a blockchain-based iGaming platform, has introduced a crypto-native sportsbook, allowing users to place sports bets using digital assets. The platform supports multiple betting types, including singles, parlays, and system bets, with pre-match and live betting options. Odds are displayed in various international formats.
The sportsbook emphasizes speed and simplicity. Deposits and withdrawals are processed on-chain for transparency, while the betting engine operates off-chain to optimize performance. Supported cryptocurrencies include BTC, ETH, BNB, SOL, and USDT. CLAPS also offers a custodial wallet solution to simplify onboarding for crypto newcomers.
Trump-Backed USD1 Stablecoin Secures Binance Listing, Trading Volume Soars 31.9%
World Liberty Financial’s USD1 stablecoin, endorsed by former President Donald Trump and his family, has been listed on Binance. The US dollar-pegged asset will trade against Tether (USDT) starting May 22, 2025, at 12:00 UTC. Deposits are already open, with withdrawals commencing a day later.
Trading volume for USD1 surged 31.9% following the announcement, jumping from $72 million to over $95 million. The MOVE signals growing institutional interest in politically-aligned stablecoins within decentralized finance ecosystems.
CitizenX Partners with El Salvador to Accelerate Bitcoin-Backed Citizenship Program
Swiss technology firm CitizenX has forged an official alliance with the Government of El Salvador, securing a license to process applications for the Adopting El Salvador Program. This initiative, rebranded as the world’s fastest Bitcoin-powered citizenship pathway, enables affluent individuals to obtain Salvadoran passports within six weeks through a $1 million cryptocurrency donation.
The Freedom Passport program targets high-net-worth investors seeking to align with El Salvador’s economic evolution. By accepting BTC or USDT contributions, the partnership underscores the nation’s commitment to cryptocurrency integration at an institutional level.