diff --git a/Core/Config.cpp b/Core/Config.cpp
index 21667199ce..627672e5eb 100644
--- a/Core/Config.cpp
+++ b/Core/Config.cpp
@@ -658,7 +658,7 @@ static const ConfigSetting graphicsSettings[] = {
 	ConfigSetting("TextureShader", &g_Config.sTextureShaderName, "Off", CfgFlag::PER_GAME),
 	ConfigSetting("ShaderChainRequires60FPS", &g_Config.bShaderChainRequires60FPS, false, CfgFlag::PER_GAME),
 
-	ConfigSetting("SkipGPUReadbacks", &g_Config.bSkipGPUReadbacks, false, CfgFlag::PER_GAME | CfgFlag::REPORT),
+	ConfigSetting("SkipGPUReadbackMode", &g_Config.iSkipGPUReadbackMode, false, CfgFlag::PER_GAME | CfgFlag::REPORT),
 
 	ConfigSetting("GfxDebugOutput", &g_Config.bGfxDebugOutput, false, CfgFlag::DONT_SAVE),
 	ConfigSetting("LogFrameDrops", &g_Config.bLogFrameDrops, false, CfgFlag::DEFAULT),
diff --git a/Core/Config.h b/Core/Config.h
index d7fc96dcde..10eecfdd29 100644
--- a/Core/Config.h
+++ b/Core/Config.h
@@ -235,7 +235,7 @@ public:
 	float fCwCheatScrollPosition;
 	float fGameListScrollPosition;
 	int iBloomHack; //0 = off, 1 = safe, 2 = balanced, 3 = aggressive
-	bool bSkipGPUReadbacks;
+	int iSkipGPUReadbackMode;  // 0 = off, 1 = skip, 2 = to texture
 	int iSplineBezierQuality; // 0 = low , 1 = Intermediate , 2 = High
 	bool bHardwareTessellation;
 	bool bShaderCache;  // Hidden ini-only setting, useful for debugging shader compile times.
diff --git a/Core/ConfigValues.h b/Core/ConfigValues.h
index f7f9457a2c..6d38311805 100644
--- a/Core/ConfigValues.h
+++ b/Core/ConfigValues.h
@@ -176,3 +176,9 @@ enum class DisplayFramerateMode : int {
 	FORCE_60HZ_METHOD1,
 	FORCE_60HZ_METHOD2,
 };
+
+enum class SkipGPUReadbackMode : int {
+	NO,
+	SKIP,
+	COPY_TO_TEXTURE,
+};
diff --git a/GPU/Common/FramebufferManagerCommon.cpp b/GPU/Common/FramebufferManagerCommon.cpp
index bce9ec3872..eb89d48c67 100644
--- a/GPU/Common/FramebufferManagerCommon.cpp
+++ b/GPU/Common/FramebufferManagerCommon.cpp
@@ -1024,7 +1024,7 @@ void FramebufferManagerCommon::DownloadFramebufferOnSwitch(VirtualFramebuffer *v
 		// Saving each frame would be slow.
 
 		// TODO: This type of download could be made async, for less stutter on framebuffer creation.
-		if (!g_Config.bSkipGPUReadbacks && !PSP_CoreParameter().compat.flags().DisableFirstFrameReadback) {
+		if (g_Config.iSkipGPUReadbackMode == (int)SkipGPUReadbackMode::NO && !PSP_CoreParameter().compat.flags().DisableFirstFrameReadback) {
 			ReadFramebufferToMemory(vfb, 0, 0, vfb->safeWidth, vfb->safeHeight, RASTER_COLOR, Draw::ReadbackMode::BLOCK);
 			vfb->usageFlags = (vfb->usageFlags | FB_USAGE_DOWNLOAD | FB_USAGE_FIRST_FRAME_SAVED) & ~FB_USAGE_DOWNLOAD_CLEAR;
 			vfb->safeWidth = 0;
@@ -1040,7 +1040,7 @@ bool FramebufferManagerCommon::ShouldDownloadFramebufferColor(const VirtualFrame
 
 bool FramebufferManagerCommon::ShouldDownloadFramebufferDepth(const VirtualFramebuffer *vfb) const {
 	// Download depth buffer for Syphon Filter lens flares
-	if (!PSP_CoreParameter().compat.flags().ReadbackDepth || g_Config.bSkipGPUReadbacks) {
+	if (!PSP_CoreParameter().compat.flags().ReadbackDepth || g_Config.iSkipGPUReadbackMode != (int)SkipGPUReadbackMode::NO) {
 		return false;
 	}
 	return (vfb->usageFlags & FB_USAGE_RENDER_DEPTH) != 0 && vfb->width >= 480 && vfb->height >= 272;
@@ -2080,7 +2080,8 @@ bool FramebufferManagerCommon::NotifyFramebufferCopy(u32 src, u32 dst, int size,
 	if (!dstBuffer && srcBuffer && channel != RASTER_DEPTH) {
 		// Note - if we're here, we're in a memcpy, not a block transfer. Not allowing IntraVRAMBlockTransferAllowCreateFB.
 		// Technically, that makes BlockTransferAllowCreateFB a bit of a misnomer.
-		if (PSP_CoreParameter().compat.flags().BlockTransferAllowCreateFB && !(flags & GPUCopyFlag::DISALLOW_CREATE_VFB)) {
+		bool allowCreateFB = (PSP_CoreParameter().compat.flags().BlockTransferAllowCreateFB || g_Config.iSkipGPUReadbackMode == (int)SkipGPUReadbackMode::COPY_TO_TEXTURE);
+		if (allowCreateFB && !(flags & GPUCopyFlag::DISALLOW_CREATE_VFB)) {
 			dstBuffer = CreateRAMFramebuffer(dst, srcBuffer->width, srcBuffer->height, srcBuffer->fb_stride, srcBuffer->fb_format);
 			dstY = 0;
 		}
@@ -2129,7 +2130,7 @@ bool FramebufferManagerCommon::NotifyFramebufferCopy(u32 src, u32 dst, int size,
 		// Again we have the problem though that it's doing a lot of small copies here, one for each line.
 		if (srcH == 0 || srcY + srcH > srcBuffer->bufferHeight) {
 			WARN_LOG_ONCE(btdcpyheight, G3D, "Memcpy fbo download %08x -> %08x skipped, %d+%d is taller than %d", src, dst, srcY, srcH, srcBuffer->bufferHeight);
-		} else if (!g_Config.bSkipGPUReadbacks && (!srcBuffer->memoryUpdated || channel == RASTER_DEPTH)) {
+		} else if (g_Config.iSkipGPUReadbackMode == (int)SkipGPUReadbackMode::NO && (!srcBuffer->memoryUpdated || channel == RASTER_DEPTH)) {
 			Draw::ReadbackMode readbackMode = Draw::ReadbackMode::BLOCK;
 			if (PSP_CoreParameter().compat.flags().AllowDelayedReadbacks) {
 				readbackMode = Draw::ReadbackMode::OLD_DATA_OK;
@@ -2543,6 +2544,7 @@ bool FramebufferManagerCommon::NotifyBlockTransferBefore(u32 dstBasePtr, int dst
 	if (srcBuffer && !dstBuffer) {
 		// In here, we can't read from dstRect.
 		if (PSP_CoreParameter().compat.flags().BlockTransferAllowCreateFB ||
+			g_Config.iSkipGPUReadbackMode == (int)SkipGPUReadbackMode::COPY_TO_TEXTURE ||
 			(PSP_CoreParameter().compat.flags().IntraVRAMBlockTransferAllowCreateFB &&
 				Memory::IsVRAMAddress(srcRect.vfb->fb_address) && Memory::IsVRAMAddress(dstBasePtr))) {
 			GEBufferFormat ramFormat;
@@ -2666,7 +2668,7 @@ bool FramebufferManagerCommon::NotifyBlockTransferBefore(u32 dstBasePtr, int dst
 			srcBasePtr, srcRect.x_bytes / bpp, srcRect.y, srcStride,
 			dstBasePtr, dstRect.x_bytes / bpp, dstRect.y, dstStride);
 		FlushBeforeCopy();
-		if (!g_Config.bSkipGPUReadbacks && !srcRect.vfb->memoryUpdated) {
+		if (g_Config.iSkipGPUReadbackMode == (int)SkipGPUReadbackMode::NO && !srcRect.vfb->memoryUpdated) {
 			const int srcBpp = BufferFormatBytesPerPixel(srcRect.vfb->fb_format);
 			const float srcXFactor = (float)bpp / srcBpp;
 			const bool tooTall = srcY + srcRect.h > srcRect.vfb->bufferHeight;
diff --git a/UI/EmuScreen.cpp b/UI/EmuScreen.cpp
index 83870d5bff..441cd5ce1c 100644
--- a/UI/EmuScreen.cpp
+++ b/UI/EmuScreen.cpp
@@ -347,9 +347,9 @@ void EmuScreen::bootGame(const Path &filename) {
 		g_OSD.Show(OSDType::MESSAGE_WARNING, gr->T("BufferedRenderingRequired", "Warning: This game requires Rendering Mode to be set to Buffered."), 10.0f);
 	}
 
-	if (PSP_CoreParameter().compat.flags().RequireBlockTransfer && g_Config.bSkipGPUReadbacks) {
+	if (PSP_CoreParameter().compat.flags().RequireBlockTransfer && g_Config.iSkipGPUReadbackMode != (int)SkipGPUReadbackMode::NO) {
 		auto gr = GetI18NCategory(I18NCat::GRAPHICS);
-		g_OSD.Show(OSDType::MESSAGE_WARNING, gr->T("BlockTransferRequired", "Warning: This game requires Simulate Block Transfer Mode to be set to On."), 10.0f);
+		g_OSD.Show(OSDType::MESSAGE_WARNING, gr->T("BlockTransferRequired", "Warning: This game requires Skip GPU Readbacks be set to No."), 10.0f);
 	}
 
 	if (PSP_CoreParameter().compat.flags().RequireDefaultCPUClock && g_Config.iLockedCPUSpeed != 0) {
diff --git a/UI/GameSettingsScreen.cpp b/UI/GameSettingsScreen.cpp
index 8a1b22f7e0..f8512394a1 100644
--- a/UI/GameSettingsScreen.cpp
+++ b/UI/GameSettingsScreen.cpp
@@ -407,7 +407,9 @@ void GameSettingsScreen::CreateGraphicsSettings(UI::ViewGroup *graphicsSettings)
 	});
 	skipBufferEffects->SetDisabledPtr(&g_Config.bSoftwareRendering);
 
-	CheckBox *skipGPUReadbacks = graphicsSettings->Add(new CheckBox(&g_Config.bSkipGPUReadbacks, gr->T("Skip GPU Readbacks")));
+	static const char *skipGpuReadbackModes[] = { "No (default)", "Skip", "Copy to texture" };
+
+	PopupMultiChoice *skipGPUReadbacks = graphicsSettings->Add(new PopupMultiChoice(&g_Config.iSkipGPUReadbackMode, gr->T("Skip GPU Readbacks"), skipGpuReadbackModes, 0, ARRAY_SIZE(skipGpuReadbackModes), I18NCat::GRAPHICS, screenManager()));
 	skipGPUReadbacks->SetDisabledPtr(&g_Config.bSoftwareRendering);
 
 	CheckBox *texBackoff = graphicsSettings->Add(new CheckBox(&g_Config.bTextureBackoffCache, gr->T("Lazy texture caching", "Lazy texture caching (speedup)")));
diff --git a/headless/Headless.cpp b/headless/Headless.cpp
index 551176cbc3..c59aa15ffe 100644
--- a/headless/Headless.cpp
+++ b/headless/Headless.cpp
@@ -468,7 +468,7 @@ int main(int argc, const char* argv[])
 	g_Config.sReportHost.clear();
 	g_Config.bAutoSaveSymbolMap = false;
 	g_Config.bSkipBufferEffects = false;
-	g_Config.bSkipGPUReadbacks = false;
+	g_Config.iSkipGPUReadbackMode = (int)SkipGPUReadbackMode::NO;
 	g_Config.bHardwareTransform = true;
 	g_Config.iAnisotropyLevel = 0;  // When testing mipmapping we really don't want this.
 	g_Config.iMultiSampleLevel = 0;
diff --git a/libretro/libretro.cpp b/libretro/libretro.cpp
index de6792012f..a93f010b90 100644
--- a/libretro/libretro.cpp
+++ b/libretro/libretro.cpp
@@ -634,9 +634,9 @@ static void check_variables(CoreParameter &coreParam)
    if (environ_cb(RETRO_ENVIRONMENT_GET_VARIABLE, &var) && var.value)
    {
       if (!strcmp(var.value, "disabled"))
-         g_Config.bSkipGPUReadbacks = false;
+         g_Config.iSkipGPUReadbackMode = (int)SkipGPUReadbackMode::SKIP;
       else
-         g_Config.bSkipGPUReadbacks = true;
+         g_Config.iSkipGPUReadbackMode = (int)SkipGPUReadbackMode::NO;
    }
 
    var.key = "ppsspp_frameskip";