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Drake bets $1.5 million in USDT on Argentina to win World Cup final

Drake bets $1.5 million in USDT on Argentina to win World Cup final

The Stake wager could return $5.175 million at 3.45 odds, drawing a reaction from Tether CEO Paolo Ardoino and fresh attention to crypto’s expanding role in sports betting.

USDT

Fact Check
The betting platform Stake's own X post confirms Drake placed a large bet on Argentina to beat Spain with a ~$5.1M payout. Coin Bureau and WatcherGuru X posts and multiple crypto outlets (Bitcoin.com, Cryptotimes) consistently report the $1.5 million USDT figure and $5.175 million potential payout. Paolo Ardoino's own X post (Argentine flag/heart emoji, resharing the WatcherGuru update) confirms the Tether-executive reaction. The +245 (American) and 3.45 (decimal) odds cited across sources are mathematically equivalent, so this is not a genuine conflict. A minor descriptor variance (one source calls Ardoino Tether 'CTO' vs 'CEO') does not affect the core claim.
Summary

Drake has placed a $1.5 million wager in USDT on Argentina to beat Spain in the World Cup final through Stake, sharing a betting slip that shows 3.45 odds and a potential $5.175 million payout if Argentina wins. The bet has reignited the long-running “Drake Curse” narrative online while also putting a spotlight on stablecoin-funded sports betting. The wager drew additional crypto-market attention after Tether CEO Paolo Ardoino reposted it on X with the Argentine flag and a heart emoji. His reaction came as Tether is expanding its presence in Argentina, including a recent $20 million investment in digital bank Ualá as part of a $197 million funding round. The broader crypto backdrop has added to the focus. Argentina’s semifinal win over England helped push the ARG Fan Token up more than 118%, while 24-hour trading volume jumped over 2,200%, underscoring how major sports events can spill into digital-asset markets. Drake’s latest bet is the latest example of how celebrity gambling activity, stablecoins and sports-related crypto trading are increasingly overlapping ahead of marquee events.

Terms & Concepts
  • USDT: A dollar-pegged stablecoin widely used for trading, payments and transfers on crypto platforms.
  • stablecoin: A crypto asset designed to hold a steady value, often by tracking a fiat currency such as the U.S. dollar.
  • ARG Fan Token: A digital token tied to Argentina’s national team that can trade in response to fan interest and match results.