Tether Enables Direct Payments for Rumble Creators with New Wallet

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KEY TAKEAWAYS

Tether has launched a native Rumble Wallet allowing creators to receive crypto payments.
The wallet expands Rumble’s tipping system by supporting multiple crypto assets.
The move aligns with Tether’s broader push to promote free speech through crypto.

Tether has taken some major steps in its business development recently, and is now empowering creators. The stablecoin giant has launched a new Rumble Wallet that enables creators and users to make and receive crypto payments without a third-party.

The USDT issuer said in an official statement on January 7th that the wallet builds on Rumble’s earlier tipping functionality to bring audiences a new way of tipping creators natively in crypto, as well as making direct, borderless payments without relying on traditional financial intermediaries.

At launch, the wallet supports and allows payment in Tether USD (USDT), Tether Gold (XAUT), and Bitcoin (BTC), while Tether USAT will also become available in the coming weeks. With the wallet embedded directly into Rumble, creators are now able to instantly receive payment from their audiences while retaining full ownership of their funds.

https://twitter.com/Tether_to/status/2008889023884857741

Promoting Free Speech Through Crypto

Creators have often suffered restrictions on their speech due to centralized control of their payments. Many are not able to speak freely due to risks of losing compensation that is due to them because of reliance on third-party payment platforms that could cease their payment and tips, but that era is over on Rumble.

The newly created wallet ensures that every tip or voluntary payment to creators gets to them directly without deductions or restrictions. Tether CEO Paolo Ardoino says that through the wallet, the company is helping to promote the freedom that the media space needs.

“At Tether, we champion technologies that promote freedom, decentralization, and the fundamental right to free speech. 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 key markets such as the United States.”

Tether and Rumble have been working on the use of Bitcoin and stablecoins to practically empower creators through crypto-native monetization that would give creators sustainable financial access without fear of shutdowns or sanctions tied to speech or platform risk. Rumble wallet is the culmination of this vision.

Tether Bringing Crypto Mainstream

One of the things Tether is known for is its efforts towards making crypto, and especially stablecoins, become mainstream modes of payment. This effort has been quite successful but not without resistance.

Last year, S&P, in its rating of assets, downgraded USDT from Category 4 as Constrained to Category 5 as Weak. Ardoino, at the time, fired back at the company, saying the rating was irrelevant as long as Tether continues to build successfully and the value is becoming evident to the world.