Telegram (AI) YouTube Facebook X
Ру
Tether-Backed YouTube Rival Introduces Bitcoin Wallet

Tether-Backed YouTube Rival Introduces Bitcoin Wallet

Rumble and Tether launch a non-custodial crypto wallet for direct donations.

Video hosting platform Rumble, in collaboration with Tether, has launched an integrated non-custodial crypto wallet. This tool enables viewers to send donations directly to creators.

The product is named Rumble Wallet. Initially, the application supports Bitcoin, USDT, and tokenized gold Tether Gold (XAUT). Developers position the wallet as a tool for direct cross-border payments, ensuring users have full control over their private keys and funds.

The integration allows content creators to monetize their work without intermediaries such as advertising networks, banks, and payment services.

MoonPay is responsible for deposits and withdrawals. Users can transact via bank cards, Apple Pay, PayPal, and Venmo.

Rumble CEO Chris Pavlovski noted that the new tool combines the principles of free speech with the opportunities of decentralized finance:

“We are putting more power in the hands of users and creators so they can engage with and financially support the content they love.”

The wallet is the first product developed using the Tether Wallet Development Kit (WDK). For the company, this is a step towards expanding the use of its infrastructure beyond exchanges and the DeFi sector.

According to Paolo Ardoino, the initiative opens access to non-custodial payments for a broad audience, including users in the United States.

The introduction of this new feature is a logical progression of Rumble’s plans to launch Bitcoin donations, outlined last year in collaboration with Tether. This move aligns with the USDT issuer’s strategy to promote crypto services and expand the use of stablecoins on popular platforms.

Ambitious Plans

Rumble is a video hosting and cloud provider positioning itself as an independent alternative to YouTube and Big Tech corporations.

Tether is a major shareholder in the project. At the end of 2024, the USDT issuer invested $775 million in the platform. Following this, Rumble adopted a strategy of accumulating Bitcoin, incorporating the cryptocurrency into its corporate reserves.

The companies’ collaboration extends beyond finance. Tether allocated $150 million to develop Rumble’s cloud infrastructure and AI projects, and also supported an agreement to merge with former miner Northern Data.

In December, the USDT issuer introduced PearPass, a password manager without cloud storage.

Подписывайтесь на ForkLog в социальных сетях

Telegram (основной канал) Facebook X
Нашли ошибку в тексте? Выделите ее и нажмите CTRL+ENTER

Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!

We use cookies to improve the quality of our service.

By using this website, you agree to the Privacy policy.

OK