Spain have won the FIFA World Cup, defeating Argentina in the final to lift the trophy, while Canadian rapper Drakelost his $1.5M USDT wager placed on Argentina through crypto betting platform Stake.
Before the match, Drake had shared his betting slip on Instagram, showing odds of 3.45, which would have earned him approximately $5.175M had Argentina emerged victorious. Instead, Spain’s victory meant the high-profile crypto bet ended in a loss.
The result quickly reignited discussions around the so-called “Drake Curse,” with social media users once again joking that teams and athletes backed by Drake often fail to win major events.
The bet also drew attention from the crypto community after Tether CEO Paolo Ardoino reacted to the wager on X. Beyond the sporting outcome, the incident highlighted the growing use of USDT in online sports betting and the increasing adoption of stablecoins across mainstream entertainment platforms.
JUST IN: 🇪🇸🇦🇷 Drake loses $1,500,000 $USDT bet after Spain defeats Argentina to win the FIFA World Cup final. pic.twitter.com/Q3KESteLL4
— Watcher.Guru (@WatcherGuru) July 19, 2026
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