- Tether and Rumble to launch Bitcoin tipping in December.
- Tether invests $775 million in Rumble.
- Rumble holds 25 million USD in Bitcoin.
Rumble partners with Tether to introduce a Bitcoin tipping feature for creators, launching in December, announced at the Plan B Forum by CEOs Chris Pavlovski and Paolo Ardoino.
This initiative enhances creator monetization through decentralized finance, potentially influencing Rumble’s user base and showcasing Bitcoin’s utility in mainstream content platforms.
Tether’s $775 Million Investment to Revolutionize Monetization
Rumble and Tether have partnered to introduce Bitcoin tipping, with a planned launch in December. Chris Pavlovski (Rumble) and Paolo Ardoino (Tether) publicly announced the project, underscoring its role in boosting decentralized creator monetization. The implementation follows Tether’s $775 million USD equity investment in Rumble, illustrating robust collaboration.
The Bitcoin tipping feature, backed by Tether’s infrastructure improvements, highlights a significant shift towards decentralized financial systems for content creators. The move could enhance financial sovereignty and minimize risks of being debanked for opinions.
Market observers note potential shifts with increased attention to cryptocurrency monetization. Official statements emphasize the feature’s alignment with content monetization goals. Paolo Ardoino, CEO of Tether, stated, “We can find use cases for Bitcoin and stablecoins that will truly empower creators and provide them with the security of not being debanked for their opinions.”
Bitcoin Pricing and Its Impact on Creator Economy
Did you know? The planned Bitcoin tipping feature by Rumble is reminiscent of Twitter’s 2021 initiative, which saw a moderate increase in Bitcoin microtransactions, showing potential for minor shifts in crypto integration.
As reported by CoinMarketCap, Bitcoin (BTC) is valued at $111,677.49, holding a market cap of 2.23 trillion USD and dominance of 59.06%. Over the past 90 days, BTC has shown a 6.16% decrease, despite substantial trading volume figures.
Coincu research highlights that this collaboration might pave the way for increased adoption of decentralized payment methods. Historically, such advancements attract regulatory attention, yet Tether’s commitment to empowering creators could lead to technological strides within Web3 ecosystems.
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Source: https://coincu.com/news/rumble-tether-bitcoin-tipping-launch/
