Underdog will allow customers to fund their prediction market accounts with cryptocurrency and stablecoins, the company announced on Thursday, October 22, at the NEXTPredict NYC Summit. The integration with Zerohash, a digital-asset infrastructure provider, is set to bring crypto deposits to a platform whose user base Underdog expects to reach 11 million by year-end.

Prediction markets let users take positions on real-world outcomes — including elections, sporting events, and economic data releases — with payouts tied to whether those events occur. Until now, funding positions on such platforms has generally relied on conventional payment rails, and the addition of digital-asset deposits is designed to give Underdog's customers a broader set of funding options. Because stablecoins move value around the clock, the option also sidesteps the settlement delays associated with traditional card and bank transfers.

Zerohash provides embedded cryptocurrency infrastructure, offering the connectivity, custody, and settlement services that allow consumer-facing platforms to accept crypto and stablecoin payments without building those capabilities in-house. Stablecoins are digital tokens pegged to fiat currencies such as the U.S. dollar and are widely used for near-instant, around-the-clock transfers.

The announcement comes amid rapid growth in the U.S. prediction markets sector, where regulated platforms have increasingly competed on funding flexibility, market coverage, and user experience. Crypto and stablecoin deposits have become a common funding mechanism among trading platforms seeking faster settlement than traditional card or bank transfers. Against that backdrop, the rollout of Underdog's crypto deposit option — and its progress toward a projected 11 million users by year-end — will be the near-term markers for how the integration takes shape.

This article was first published on COINOTAG: https://en.coinotag.com/underdog-zerohash-crypto-deposits-prediction-markets