Rumble, a video platform supporting vloggers and content creators, has announced the launch of its own digital wallet to monetize users, backed by Tether.
Announcement of Rumble's New Wallet
Rumble CEO Chris Pavlovski announced plans to launch a crypto wallet to help content creators on the platform earn rewards. This move aims to enhance monetization for authors, especially in international markets, supported by Tether.
Collaboration with Tether
Tether will be a key partner for Rumble in creating the new wallet. Tether CEO Paolo Ardoino confirmed this collaboration, stating that the project aims at the general public.
Investments and Rumble's Plans
In December 2024, Tether invested $775 million in Rumble to support its development. The video platform announced plans to invest up to $20 million in Bitcoin as part of its crypto strategy, recently acquiring 188 BTC.
The launch of Rumble's new wallet supported by Tether represents a step toward integrating crypto solutions into the platform, potentially strengthening Rumble's position in the digital content market.
