(AsiaGameHub) – Request Network, a prominent Web3 payment protocol since 2017, has unveiled new features designed to address long-standing needs within the iGaming sector. While iGaming was an early adopter of crypto payments at scale, it has struggled to leverage decentralized technology effectively. Previously, the industry relied on multiple crypto processors with limited reach, leading to friction in transactions and counterparty risks due to fund custody.
Today, Request Network is introducing a suite of technologies aimed at overcoming these challenges.
Reaching 95% of the global stablecoin supply
iGaming operators require the ability to accept crypto deposits from players worldwide, but these holdings are often spread across various chains and tokens. Accepting every token would necessitate managing wallets on each chain or relying on payment service providers, which can limit player choice.
With Request Network, operators can now utilize a single wallet and manage global collections through one integration. Leveraging Request Network’s decentralized, permissionless, and cross-chain technologies, players can pay with any token they hold, while operators receive their desired assets on their chosen chain, without either party needing to know the other’s chain.
Through a single integration across seven chains (Ethereum, BNB, Tron, Base, Polygon, Arbitrum, and Optimism), Request Network enables operators to access 95% of the global stablecoin supply and active users.
One-click secure deposits for the players
iGaming players primarily want a seamless deposit and play experience. However, crypto payments often involve complex steps like bridging, swapping tokens, and managing gas fees, sometimes even requiring penny tests to verify addresses. This complexity can deter players and lead to abandoned transactions.
Request Network offers players a secure, decentralized payment page where they can select their preferred chain and token for a single, gasless transaction. The bridging and swapping processes occur automatically in the background.
Furthermore, this decentralized page incorporates security features to protect payers from interacting with malicious smart contracts.
The outcome is an intuitive and secure one-click deposit experience, boasting one of the highest completion rates in the crypto space.
Wallet screening on deposits to protect the recipients
iGaming operators accepting crypto face risks such as asset freezing and wallet blacklisting. Often, these screenings occur after transactions are completed, flagging risks only after funds have reached the operator’s wallets, potentially leading to lengthy legal processes to unfreeze assets.
To address this, Request Network allows recipients to screen sending wallets before funds are transferred. The protocol integrates directly with Hypernative, which provides industry-standard policies to identify and block high-risk funds from reaching the recipient. Players can only deposit funds if their wallet meets the established screening policy.
For recipients needing to verify the origin of their funds, Request Network enables the storage of all screening results for future reference.
This ensures operators can confidently accept funds from on-chain wallets, reducing the risk of frozen assets and enhancing operational security.
Built for the long run, governed by a foundation
Currently, iGaming operators, white label providers, and PSPs have limited options for accepting and disbursing crypto payments at scale, neither of which is ideal. One option involves a fragmented global crypto processing market requiring multiple integrations. The other relies on larger providers with fluctuating risk appetites and regulatory coverage, both carrying significant continuity risks.
By being decentralized, permissionless, and accessible to all, Request Network is positioned to become the sole integration needed for global stablecoin collection and disbursement. Developed by a community-owned Swiss foundation since 2017 and funded by its REQ token, the protocol offers neutrality and resilience.
This results in a unified crypto acceptance technology that is reliable across geographies, while also offering competitive market costs.
Tristan Wallaert, CEO of the Request Network Foundation, stated: “Crypto was intended to replace traditional payment methods, but several key components were missing to make that a reality. It remained too complex, with excessive risks for both parties, hindering the free flow of money as intended. At Request Network, we re-evaluated the approach to redefine what crypto payments should entail: simplicity, scalability, reliability, and safety. We now believe crypto is poised for a fresh start.”
Gal Sagie, CEO and Co-Founder of Hypernative, commented: “iGaming was one of the earliest and most natural fits for crypto payments, yet the compliance infrastructure required for large-scale adoption has lagged. What Request Network has developed here fills a significant gap. Pre-transaction wallet screening empowers operators to accept funds with confidence, not just optimism. This is the kind of security layer that transforms potential into a functioning market.”
About Request Network
Since 2017, Request Network has been dedicated to developing, educating about, and promoting the use of open-source, decentralized, and permissionless protocols that provide the infrastructure for on-chain payments and related financial flows.
Request Network enables anyone to send and receive crypto at scale, across different chains, without the need for custodial intermediaries. The protocol is developed by a community-funded foundation committed to making crypto payments accessible while safeguarding its participants.
To date, over $2 billion has been transacted through Request Network technology.
About Hypernative
Hypernative offers a real-time monitoring, risk detection, and automated response solution designed to secure Web3 iGaming platforms and in-game digital assets. The platform accurately identifies threats such as NFT exploits, in-game currency manipulation, account takeovers, and vulnerabilities in smart contracts governing game economies, providing crucial time to respond and protect players’ assets and the integrity of the iGaming ecosystem.
Over 300 clients rely on Hypernative’s enterprise-grade real-time platform to monitor more than $100 billion in digital assets across over 70 chains. By analyzing on-chain data and employing advanced detection methods, Hypernative facilitates real-time monitoring of in-game transactions, anomaly detection for unusual asset movements, and automated responses to mitigate risks and ensure a fair and secure iGaming experience.
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