Rumble Unleashes Crypto Wallet with Tether, Empowering Creators with Direct Bitcoin Payments

Published 1 day ago3 minute read
David Isong
David Isong
Rumble Unleashes Crypto Wallet with Tether, Empowering Creators with Direct Bitcoin Payments

Rumble has officially launched its new digital wallet, dubbed "Rumble Wallet," in a strategic partnership with stablecoin leader Tether. This innovative product is designed to empower users and creators by enabling them to send, receive, and store cryptocurrencies directly on the video-sharing platform, bypassing the need for traditional banks or third-party payment processors.

The Rumble Wallet facilitates direct peer-to-peer payments utilizing key cryptocurrencies, including Bitcoin, Tether’s USDT stablecoin, and Tether Gold (XAUt). This initiative aims to provide creators with a direct payment channel from their audiences, significantly reducing transaction fees and mitigating common risks such as payment restrictions, account freezes, or deplatforming often associated with conventional financial intermediaries.

Chris Pavlovski, Rumble’s founder, chairman, and CEO, emphasized that the new wallet is a natural extension of the company’s core mission of free speech and its ongoing efforts to build robust alternatives to existing Big Tech infrastructure. Pavlovski explicitly stated that Rumble Wallet is designed to compete directly with services like Coinbase and Venmo, with a crucial differentiator: it is non-custodial, meaning Rumble cannot shut down user accounts, thereby offering "true financial freedom to buy, hold and tip crypto."

This announcement reinforces Rumble's positioning as a "freedom-first" technology platform, attracting creators and audiences who are increasingly frustrated with censorship, demonetization practices, and opaque moderation policies prevalent on mainstream platforms. The non-custodial architecture ensures that users retain complete control and confirmation over their own digital assets, rather than entrusting them to a centralized provider.

The wallet's development leverages Tether’s Wallet Development Kit, underscoring a shared commitment to decentralization and user autonomy. Paolo Ardoino, CEO of Tether, highlighted that this collaboration embodies their vision of championing technologies that promote freedom, decentralization, and the fundamental right to free expression. He noted that Rumble Wallet brings these ideals together, offering tens of millions of users unparalleled control.

Adding to the robust ecosystem, MoonPay will power Rumble Wallet’s crypto on- and off-ramps. This integration allows users to seamlessly convert between digital assets and traditional payment methods, including credit cards, Apple Pay, PayPal, and Venmo. Ivan Soto-Wright, MoonPay CEO, affirmed that crypto-powered peer-to-peer payments represent the future of the internet economy, commending Rumble as one of the pioneering major platforms to adopt this progressive model.

The partnership between Rumble and Tether also extends to deep financial ties, with Tether holding approximately 104 million shares of Rumble, representing roughly 48% of the company. Following the announcement, shares of Rumble experienced a 3% increase, reflecting strong investor optimism regarding the platform’s expanding crypto strategy and enhanced creator monetization tools.

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