Rumble, a video-sharing platform, announced the launch of its cryptocurrency wallet in collaboration with MoonPay. The wallet will support Bitcoin and popular stablecoins like USDT.
Rumble and MoonPay Collaboration
Rumble plans to launch its wallet in the third quarter of 2025. The wallet aims to integrate digital assets into the earnings of content creators. According to Rumble CEO Chris Pavlovski, "the wallet was developed in partnership with stablecoin issuer Tether and will support Bitcoin and stablecoins such as USDT and possibly XAUT (Tether Gold)."
Tether's Investment and Its Impact on Rumble
Tether has invested $775 million in Rumble, highlighting investor confidence in the initiative. This step will allow Rumble to strengthen its position in the creator economy by integrating cryptocurrency solutions.
Market Analysis and Expectations from Innovations
According to CoinMarketCap data, Bitcoin (BTC) is trading at $111,159.52, with a market cap nearing $2.21 trillion. Experts note that the introduction of the new wallet may facilitate a wider acceptance of blockchain in the creative industries.
The launch of Rumble Wallet and support from Tether could shift the landscape for content creators, allowing them to engage with cryptocurrencies. A positive response from users and the market is anticipated.
