YouTube competitor Rumble launches Bitcoin and Tether wallets to enable crypto tipping for creators

Rumble Launches Crypto Wallet to Empower Creators

Rumble, a publicly listed video streaming company, has introduced its own cryptocurrency wallet—dubbed the Rumble Wallet—designed to facilitate digital payments and tipping for content creators on its platform.

This non-custodial wallet is seamlessly integrated into the Rumble ecosystem and was developed using Tether’s wallet development kit, with payment processing provided by MoonPay. At launch, users can transact with Tether’s USDT stablecoin, the gold-backed XAUT token, and Bitcoin (BTC).

Chris Pavlovski, Rumble’s founder and CEO, commented, “Rumble stands for free speech and personal liberty, much like the principles behind cryptocurrency and a decentralized web. The Rumble Wallet is a natural extension of these shared values.”

He further stated, “Our goal is to give both users and creators greater autonomy, enabling them to interact with and financially support the content they value. This approach reinforces the ideals of free expression and sets Rumble apart.”

Plans for the wallet were first revealed in July, and gained momentum in October with the announcement of Tether’s involvement and the addition of crypto tipping features. According to the company, Rumble Wallet is the first real-world deployment of the Tether Wallet Development Kit (WDK).

Paolo Ardoino, CEO of Tether, remarked, “At Tether, we support technologies that push boundaries and uphold freedom, decentralization, and the right to free speech. The Rumble Wallet embodies these principles, offering millions of users a level of control unmatched by any other platform, even within the United States.”

Tether’s relationship with Rumble extends beyond technology integration. In 2024, Tether pledged a $775 million investment in the video-sharing platform. Later, in November, Tether acquired an additional one million shares and provided financial support for a Rumble acquisition.

Rumble’s stock (RUM) was trading at $6.69 on Wednesday, reflecting a 0.5% decline for the day and a drop of over 50% over the past year, according to Yahoo Finance.

Rumble has not yet issued a response to Decrypt’s request for comment.