YouTube Rival Rumble Debuts Bitcoin, Tether Wallet for Crypto Creator Tips

BTC-1,18%
XAUT-1,47%

In brief

  • Rumble launched Rumble Wallet, a non-custodial crypto wallet built with help from Tether and MoonPay.
  • The wallet will support Tether’s dollar-backed and gold-backed tokens, USDT and XAUT, as well as Bitcoin.
  • Shares of RUM have dipped slightly on the day and are down more than 50% in the last year.

Publicly traded video streaming firm Rumble rolled out its crypto wallet—called Rumble Wallet—on Wednesday to support crypto payments and tipping for its creator economy.  Built with stablecoin issuer Tether’s wallet development kit and using payments infrastructure from MoonPay, the non-custodial wallet is directly embedded within the Rumble platform and initially supports dollar-backed stablecoin USDT, Tether’s Gold-backed token (XAUT), and Bitcoin (BTC).  “Rumble represents free speech and liberty the same way that cryptocurrency and a decentralized internet represent freedom, and Rumble Wallet is the natural combination of those things,” said Rumble founder and CEO Chris Pavlovski in a statement.

At Tether, we champion technologies that promote freedom, decentralization, and the fundamental right to free speech.
Rumble Wallet brings those ideals together into one product that will give tens of millions of users more control than any platform has offered before, even in… https://t.co/sItznc8IH6 pic.twitter.com/UEaCq5ncnV

— Paolo Ardoino 🤖 (@paoloardoino) January 7, 2026

“We are putting more power into the hands of users and creators so they can engage with and financially support the content they like,” he added. “That’s another parallel to free expression, and it’s all unique to Rumble.” First detailed in July, the wallet plans were bolstered with the October news of Tether’s involvement and crypto tipping support. Now, the Rumble Wallet becomes the first real-world installment of the Tether Wallet Development Kit (WDK), according to the announcement.   “At Tether, we champion technologies that break boundaries and promote freedom, decentralization, and the fundamental right to free expression. Rumble Wallet brings those ideals together into one product that will give tens of millions of users more control than any platform has offered before, even in the United States,” said Tether CEO Paolo Ardoino in a statement.

The stablecoin giant has a vested interest in Rumble’s success, as its connections to the firm run far deeper than the wallet integration. In 2024, Tether committed $775 million to invest in the video-sharing firm. In November, Tether added another 1 million shares and financially backstopped a Rumble acquisition.  Shares in Rumble (RUM) have dropped around 0.5% so far on Wednesday, recently changing hands at $6.69. The stock has dropped more than 50% in the last year of trading, according to Yahoo Finance.  A representative for Rumble did not immediately respond to _Decrypt’s _request for comment.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Gerelateerde artikelen

Riot Platforms Revises $200M Bitcoin-Backed Credit Agreement with Major CEX, Adds Volatility Protections

Gate News message, April 28 — Riot Platforms has revised its $200 million bitcoin-backed credit facility with a major CEX, converting the floating interest rate to a fixed rate and adding enhanced protections against short-term market volatility. The updated agreement introduces a "two-day rule"

GateNews23m geleden

B3 to Launch Bitcoin-Linked Prediction Contracts as Brazil Bans Polymarket and Kalshi

Brazilian stock exchange B3 is launching six “Event Contracts” today, including instruments tied to bitcoin price movements. The country’s first federally regulated prediction market comes three days after the National Monetary Council prohibited derivatives based on sports, political, and

Coinpedia1u geleden

Aven Launches Bitcoin Visa Card Offering Up to $1M BTC-Backed Credit Line at 7.99% APR

Gate News message, April 28 — Fintech startup Aven has launched the Aven Bitcoin Visa Card, offering a bitcoin-backed line of credit of up to $1 million at a fixed rate of 7.99% APR with loan terms up to 10 years. The firm claims this represents a first for bitcoin lending, as the industry

GateNews1u geleden

Bitcoin's Next Critical Test at $79K, Next 3-6 Weeks Will Determine Bottom Formation: Analyst Willy Woo

Gate News message, April 28 — Crypto analyst Willy Woo shared on X that Bitcoin's next critical test is whether it can effectively break through the recent cost basis of investors at approximately $79,000. Woo estimates the probability of a successful breakout at around 30%. If Bitcoin holds

GateNews1u geleden

CleanSpark CEO Warns of 20x Cost Increase Converting Bitcoin Mines to AI Data Centers

Gate News message, April 28 — CleanSpark CEO Matt Schultz warned at the Bitcoin 2026 conference that converting bitcoin mining operations into AI data centers dramatically increases infrastructure costs. The per-megawatt construction cost surges from approximately $500,000 to $10–12 million, a

GateNews1u geleden

Whale Trapped in BTC Short Liquidation Pivots to $21.4M Long Bet on Hyperliquid

Gate News message, April 28 — A major whale on Hyperliquid missed two BTC downturns on April 27 and opened a 40x leveraged short position on 390 BTC at midnight on April 28, according to Hyperinsight monitoring. The whale accumulated a $30 million position with an average entry price of $76,696,

GateNews1u geleden
Opmerking
0/400
Geen opmerkingen