Why Tether (USDT) Rules Crypto Betting Markets – Explained

USDT has become offshore sports books’ default dollar, moving $2.3 bn in August alone. This article examines why bettors prefer its speed and stability, how it outruns bitcoin and fiat, and what regulatory and peg-break risks could derail Tether’s wagering dominance by 2027.

#Introduction

If you walked into a Las Vegas sports book and tried to stake a gift card from 2014, the ticket writer would hand you a blank stare. Yet every Sunday night, billions of dollars in wagers quietly settle through a digital coupon that has never seen a printing press: Tether’s USDT.

The ledger is impossible to ignore. In August, offshore betting sites handled more than $2.3 billion in USDT betting, according to internal data shared with The Times

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