Key Takeaways
- Rumble and Tether introduce the Rumble Wallet, a non-custodial crypto wallet allowing direct tipping in Bitcoin, USDT, and Tether Gold.
- The Rumble Wallet integrates directly into the Rumble platform, bypassing intermediaries and enhancing direct creator-user financial interactions.
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Rumble and Tether have jointly introduced Rumble Wallet, a non-custodial crypto wallet built directly into the video-sharing platform that allows tipping and payments using digital assets.
Users can send tips to creators using Bitcoin, USDT, and Tether Gold (XAUt) from launch, as noted by the companies. The wallet removes reliance on traditional financial intermediaries, enabling instant, borderless crypto transactions.
According to Rumble CEO Chris Pavlovski, Rumble Wallet aligns the platform’s free-speech ethos with the principles of decentralization found in crypto.
“We are putting more power into the hands of users and creators so they can engage with and financially support the content they like. That’s another parallel to free expression, and it’s all unique to Rumble,” Pavlovski stated.
Powered by Tether’s Wallet Development Kit, Rumble Wallet gives users full control of their digital assets while linking the platform directly to blockchain-based payment rails.
MoonPay will provide the on- and off-ramp infrastructure, allowing users to seamlessly convert between crypto and traditional payment methods such as credit cards and PayPal.
The rollout of Rumble Wallet underscores Tether’s commitment to supporting technologies that enhance user autonomy and free expression, said Tether CEO Paolo Ardoino in a statement.
“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,” Ardoino stated.
Tether and Rumble have established a deep strategic partnership. The stablecoin giant holds a nearly 104 million share stake in Rumble, which accounts for roughly 48% of the company.
“We are proud to continue to collaborate with Rumble and keep pushing the envelope to spread liberty and independence to every corner of the internet, in as decentralized a fashion as possible,” he added.
Commenting on the launch, MoonPay CEO Ivan Soto-Wright said peer-to-peer crypto payments are poised to play a central role in the future internet economy and that Rumble is an early major platform to embrace the model.