Video-sharing outlet Rumble has announced the launch of a platform-native crypto wallet designed to reward creators directly.
A Wednesday press release confirmed the debut of the “Rumble Wallet” in collaboration with Tether, the largest stablecoin issuer. The new wallet would allow users to tip creators directly on Rumble using cryptocurrencies.
Rumble Launches Crypto Wallet
The Rumble Wallet is a non-custodial wallet fused directly into the Rumble platform. It enables platform users to buy, sell, and transfer digital assets without relying on third-party systems such as banks or payment processors.
Most importantly, the audience can now appreciate creators on Rumble directly. This gives creators access to swift, borderless, and direct payments through the newly embedded crypto wallet. For now, the Rumble Wallet only supports USDT, Tether gold (XAUT), and Bitcoin.
Meanwhile, supporting this innovation is Tether. Rumble built the wallet using the Tether Wallet Development Kit (WDK), marking the first time Tether has deployed the technology for real-world application. Notably, the Tether WDK allows platforms to create crypto wallets without the need for centralized custodians.
Interestingly, Rumble also tapped payment giant MoonPay to power transactions on the wallet. The firm would process on-ramp and off-ramp transactions, which entail converting fiat to crypto and vice versa. The platform will support traditional credit cards, Apple Pay, and Venmo, the press release highlighted.
Rumble Dabbles Deeper into Crypto
Notably, the video-sharing platform claims it is a “freedom-first technology” outlet, and the Rumble Wallets aim to give users and creators control. While legacy financial systems impose restrictions such as account suspensions and asset freezes, Rumble’s native crypto wallet offers decentralization and digital freedom.
Notably, Rumble CEO Chris Pavlovski said the Rumble Wallet is “putting more power into the hands of users and creators,” allowing them to engage with and financially support content on the platform.
“That’s another parallel to free expression, and it’s all unique to Rumble,” Pavlovski added.
Recall that Rumble had continued to tease the launch of the crypto wallet since 2024, with the CEO claiming it will reward creators more than some advertisers. Meanwhile, this adds to Rumble’s latest efforts to embrace crypto and blockchain technology.
In 2024, Rumble adopted a Bitcoin treasury strategy, committing $20 million from its cash reserve to purchase the premier asset. Per BitcoinTreasuries, Rumble holds 211 BTC worth $19.3 million at the current market price.
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