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I'm a Canadian trying to place bets using stablecoins
the.phonixxx.x
Posts: 47
Joined: 16 Feb 25
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13 Aug 25 5:52 am

I'm a Canadian trying to place bets using stablecoins

I'm a Canadian trying to place bets using stablecoins, specifically USDT. What’s the current situation with usdt betting here in Canada? Are there reputable sportsbooks accepting USDT, and how legal or accessible is this option for Canadian bettors?
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nataa2natalia
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Joined: 02 May 25
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13 Aug 25 5:56 am

 I've been looking into this too, and found an intriguing platform where you can engage in usdt betting https://betclone.com/crypto/usdt.shtml It’s a sportsbook listed under crypto options that includes USDT among its accepted currencies. It’s helpful to compare with others that often focus on Bitcoin or Ethereum, and this one specifically highlights Tether support which seemed rare, especially for Canadian users where access to USDT can be limited.
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davidparker1756
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Joined: 07 Aug 25
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13 Aug 25 1:22 pm

 I’m not a lawyer, but from what I’ve seen, the legal side of using USDT (or other stablecoins) for betting in Canada is still a bit of a gray area. The federal government doesn’t have specific laws banning cryptocurrency betting, but gambling laws are regulated at the provincial level. That means whether it’s “allowed” can depend on where you live — for example, Ontario has stricter rules because of iGaming Ontario’s licensing.

As for sportsbooks, a few offshore ones do accept USDT and other stablecoins, but they’re not regulated in Canada, so you’re taking on extra risk if there’s ever a payout issue. Big names like Stake, BC.Game, and Sportsbet.io support USDT, but again, these are international operators. If you want to play it safe, look for platforms licensed in your province, then see if they offer crypto deposits (most still don’t).

Bottom line: USDT betting is accessible in Canada, but you’ll mostly be using offshore sportsbooks. Make sure you check their reputation, licensing, and withdrawal policies before putting money in.
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David Parker | Curious about PM + AI + a bit of chaos