Rumble Unveils Crypto Wallet for Direct Payments to Creators
Rumble has launched a new digital wallet, enabling creators to receive direct payments in cryptocurrency. This initiative, named the “Rumble Wallet,” was announced by Tether and aims to reduce reliance on traditional banking systems.
Introducing Rumble Wallet for Cryptocurrency Payments
The Rumble Wallet allows users and creators to send, receive, and store digital currency without engaging banks or third-party payment services. This advancement is expected to lower transaction fees and lessen the likelihood of restrictions or account closures.
Rumble’s Vision for Financial Independence
Chris Pavlovski, the founder and CEO of Rumble, emphasized that this new wallet aligns with the company’s mission to enhance free expression online. He stated, “Rumble represents free speech and liberty, and the Rumble Wallet naturally combines this with cryptocurrency and a decentralized internet.”
Pavlovski highlighted that empowering users helps them support content creators directly, fostering a more engaged community.
Tether’s Commitment to Decentralization
- Paolo Ardoino: The CEO of Tether stated the wallet reflects the company’s emphasis on decentralization and user control.
- Collaboration: Ardoino expressed pride in partnering with Rumble to enhance liberty across the internet.
Partnership with MoonPay
MoonPay, which provides the infrastructure for Rumble Wallet’s transactions, aims to facilitate easier conversions between digital assets and traditional currencies. This includes credit cards, Apple Pay, PayPal, and Venmo.
CEO Ivan Soto-Wright remarked, “Peer-to-peer payments powered by crypto represent the future of the internet economy.” He noted that Rumble is among the first major platforms embracing this innovative payment model, allowing creators to receive instant payments in stablecoins or Bitcoin while seamlessly converting between cryptocurrency and fiat currency.
