Rumble to Integrate Bitcoin Tipping with Tether, Boosting Crypto Adoption Among 51 Million Users
Lugano, Switzerland – Video sharing platform Rumble is set to integrate Bitcoin tipping functionality, a move poised to significantly expand cryptocurrency adoption. The declaration, made by Rumble CEO Chris Pavloski at the Plan B Forum in Lugano, Switzerland, comes as the platform seeks to empower creators and offer a haven against potential “debanking” – the practice of financial institutions denying service to individuals or businesses based on their views.
Rumble is partnering with tether, the issuer of the widely-used USDT stablecoin and a major investor in the platform (having committed $775 million last December), to facilitate the bitcoin tips. Pavloski stated the feature is currently in the testing phase and is expected to launch fully between early and mid-December.
“Right now, we’re in the testing phase,” Pavloski said. “We’re going to start rolling that out alongside Tether here in the coming weeks.”
Tether CEO Paolo ardoino highlighted the potential impact of this integration,noting Rumble’s ample user base – approximately 51 million active users as of Q2,though down from 59 million in Q1 – represents a significant opportunity for broader crypto adoption.
“Potentially, this is one of the biggest user bases that would start adopting Bitcoin and stablecoins,” Ardoino commented. He further emphasized the benefits of Bitcoin and stablecoins for creators, offering “the security of the fact that they will not be debanked for what they say.”
this move aligns with Rumble’s positioning as an “anti-censorship” platform, attracting a growing number of conservative content creators.The integration of Bitcoin tipping provides these creators with an choice revenue stream, independent of conventional financial systems.
Despite the positive developments, Rumble’s stock (RUM) experienced a slight dip on Friday and is currently down over 45% year-to-date.
The integration of Bitcoin tipping underscores a growing trend of platforms embracing cryptocurrency to empower creators and offer financial inclusivity. It also highlights Tether’s continued commitment to expanding the utility of stablecoins and Bitcoin beyond emerging markets and into the mainstream economy.
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