Rumble and Tether: Crypto Wallet Boost?
Update: 2025-10-02
Description
Rumble stock jumped on news that crypto giant Tether, a major Rumble shareholder, will launch its USAT stablecoin on the platform. With Tether owning nearly half of Rumble, the partnership aims to drive US adoption of USAT by integrating a crypto wallet for Rumble's 51M users. While the announcement caused a stir, Rumble's stock only saw a modest 2% increase, reflecting the stock's volatile history and the broader impact of recent Federal Reserve interest rate cuts on the market. Will this crypto play fuel Rumble's growth or just add to the volatility?
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