#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…