Quick take:
- The wallet launched with initial support for Tether (USDT), Tether Gold (XAUt), and Bitcoin (BTC), enabling audiences to tip creators natively in crypto.
- By embedding crypto payments into the video-sharing platform, Rumble eliminates the need to use ad networks, banks, or payment processors.
- Rumble Wallet is built on the Tether Wallet Development Kit (WDK), making it the first real-world deployment of the toolkit.
Rumble Inc. (NASDAQ: RUM) has teamed up with Tether, the issuer of the world’s biggest stablecoin by market capitalization, to launch Rumble Wallet. The non-custodial crypto wallet allows Rumble content creators to keep custody of their crypto while connecting a global video-sharing ecosystem to crypto-native rails.
According to the press release seen by NFTgators, Rumble Wallet launches with initial support for Tether (USDT), Tether Gold (XAUt), and Bitcoin (BTC), enabling audiences to tip creators natively in crypto.
By embedding crypto payments into the video-sharing platform, Rumble eliminates the need to use ad networks, banks, or payment processors.
The wallet is built on the Tether Wallet Development Kit (WDK), making it the first real-world deployment of the toolkit.
“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. “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.”
Crypto on- and off-ramps will be powered by MoonPay, with traditional payment methods like credit cards, Apple Pay, PayPal, and Venmo also supported, enabling users to move funds between crypto and fiat.
Paolo Ardoino, CEO of Tether, commented: “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.”
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