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Rumble and Tether Launch Crypto Wallet for Direct Creator Payments
Rumble has integrated a crypto wallet into its video streaming platform, enabling viewers to support creators directly using digital assets. This eliminates the need for banks, ad networks, or outside payment companies.
Key Points of Rumble's Crypto Wallet Launch
- Rumble partnered with Tether to launch a non-custodial crypto wallet.
- The wallet supports Bitcoin, USDT, and Tether Gold (XAUt).
- Viewers can tip creators directly on the platform without leaving the site.
- This setup reduces creators' dependence on ads or external payment services.
- Payments are faster and cheaper as funds go straight from viewers to creators.
- Developed using the Tether Wallet Development Kit (WDK), marking its first real-world application.
- MoonPay manages all crypto on- and off-ramps, allowing for easy conversion between crypto and traditional payment methods.
Tether and MoonPay Involvement
- Tether sees this as a demonstration of its wallet technology in a regulated market like the U.S.
- MoonPay facilitates peer-to-peer payments using digital assets, enhancing creator payment options while maintaining direct transactions.