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Home Cryptocurrency News

Rumble Partners with Tether to Launch Bitcoin Wallet in Q3, Aims to Rival Coinbase

Crypto Team by Crypto Team
May 9, 2025
in Cryptocurrency News, Latest News
Reading Time: 4 mins read
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Rumble, the rising video streaming platform known for supporting content creators, is making a bold move into the crypto sector. CEO Chris Pavlovski confirmed today that Rumble will launch a Bitcoin and stablecoin wallet in Q3 2025, developed in partnership with Tether, the issuer of USDT.

The new Rumble Wallet aims to directly compete with industry heavyweights like Coinbase Wallet, Robinhood, MetaMask, and Crypto.com. Pavlovski emphasized in a post on X (formerly Twitter) that the wallet is designed to empower creators, especially in international markets, by offering non-custodial control over Bitcoin and stablecoins.

“Our goal is to become the most prominent non-custodial Bitcoin and stablecoin wallet, powering the creator economy,” said Pavlovski.

While he didn’t offer full technical specs, he hinted that the wallet may also support Tether Gold (XAUT) in addition to BTC and USDT.


Rumble x Tether: A Strategic Partnership

This latest announcement builds on a growing alliance between Rumble and Tether. In December 2024, Tether invested $775 million in Rumble, and in March, the platform teased plans for a wallet tailored for content creators.

Now confirmed for Q3, the Rumble Wallet intends to disrupt the competitive crypto wallet landscape, where Coinbase currently dominates with over 100 million registered users, compared to Rumble’s 59 million monthly active video users.

With non-custodial wallets seeing a surge in demand and mobile crypto wallet usage hitting an all-time high of 36 million in Q4 2024 (per Coinbase data), the timing of this launch is strategic.


A Creator-Driven Wallet Experience

The Rumble Wallet isn’t just about crypto storage—it’s positioned as a monetization tool for creators, allowing them to receive payments in stablecoins or Bitcoin directly, without middlemen or high fees from advertisers. This could especially benefit content makers in emerging markets, where access to traditional financial systems remains limited.

Pavlovski hinted that the wallet will provide creators with a greater revenue share than most ad-based platforms, possibly enabling tipping, subscriptions, or pay-per-view models in crypto.


Rumble’s Bitcoin Holdings and Financial Snapshot

Since March 2025, Rumble has joined the likes of Michael Saylor’s MicroStrategy, becoming a Bitcoin acquisition company. It now holds 210 BTC, valued at nearly $22 million at current market prices.

Financially, Rumble is on an upswing. In its Q1 2025 earnings released on May 8, the company reported:

  • $23.7 million in revenue, up 34% year-over-year.

  • A net loss of $2.7 million, a significant improvement from the $43 million loss in Q1 2024.

  • GAAP loss per share at $0.01, beating Wall Street expectations by 90%.

Despite a dip in monthly active users to 59 million, down from 68 million in Q4 2024, Rumble is seeing strong growth in subscription and ad monetization revenue.

Rumble shares (NASDAQ: RUM) rose 2.37% in after-hours trading to $7.78, although the stock remains down 40% year to date, according to Google Finance.


What’s Next for Rumble?

The Q3 rollout of the Rumble Wallet is expected to mark a significant pivot in the company’s strategy, from simply video hosting to becoming a major player in creator-focused financial infrastructure.

With the Tether partnership, Bitcoin accumulation, and improving financials, Rumble is positioning itself not just as a YouTube alternative but as a fintech disruptor in the digital economy.


Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.

Crypto Team

Crypto Team

Our Team is seasoned financial journalist and crypto enthusiast. With a keen eye for market trends and regulatory developments, John brings insightful and well-researched news articles to the readers. Stay informed with his expertise in the dynamic world of cryptocurrencies.

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