Video platform and cloud services provider Rumble has confirmed that it will be launching its Bitcoin and stablecoin wallet by the third quarter of 2025. The Rumble Wallet will be in partnership with stablecoin issuer Tether, with whom the company said it has completed making its investments for.
Post launch, this wallet will compete directly with the likes of coinbase, Robinhood, eToro, PayPal, Revolut, Crypto.com among others. The wallet space is already heating up, and CEO Chris Pavlovski wants to ensure that Rumble will be remembered as the “most prominent non-custodial Bitcoin and stablecoin wallet, powering the creator economy” he said in an X post.
According to a report, usage of mobile crypto wallets hit an all-time high of 36 million in Q4, 2024 of which coinbase holds a bigger market share. Coinbase already boasts of over 100 million registered users. In response to a question on his X post on whether the wallet would allow BTC + USDT only? Pavlovski responded that it would also include $XAUt (Tether Gold) as well.
Rumble also announced that its cloud services had secured a contract with the Government of El Salvador and that the deal struck on January 10,2025 highlights the increasing migration of the world toward companies that better align with the values of freedom.
Rumble is a video streaming platform, founded in late 2013 as a YouTube alternative for small content creators. The company has a pro-crypto stance and started acquiring Bitcoins earlier this year. The firm currently holds 210 BTC, worth almost $22 million at current market prices, according to a Coin Telegraph report.
