Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday.
Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland.
Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed.
The Rumble team posted a video on X showcasing its first tip sent to Rumble content creator and former Canadian political candidate, David Freiheit.
The integration could play a crucial role in pushing Bitcoin payments adoption, given the size of Rumble’s audience and its anti-censorship stance, which resonates with many in the Bitcoin community.
While institutional adoption has fueled the current bull run, Bitcoin’s use as a means of payment still hasn’t broken into the mainstream as hoped.
Bitcoiner and Block CEO Jack Dorsey has warned that without widespread adoption in everyday payments, Bitcoin will fail to fulfill its purpose as a peer-to-peer electronic cash system as intended by its pseudonymous creator, Satoshi Nakamoto.
Bitcoin tips could help creators in all corners of the world
Given that video content creation is mostly published online, Rumble could become a natural environment for Bitcoin payments to thrive, Ardoino noted.
“Bitcoin and stablecoins can serve not only part of the population that is very dear to Tether, that is the emerging markets population, but also in the primary economy like the United States.”
Related: Trump on CZ pardon: I’m told ‘what he did is not even a crime’
Ardoino’s Tether invested $775 million into the video streaming platform last December.
Rumble has been making moves in the crypto space
The YouTube rival is also working with crypto payments firm MoonPay to offer crypto wallets to users, which is expected to make it easier for content creators to receive Bitcoin tips.
Rumble also adopted a Bitcoin treasury strategy in March, accumulating 210.8 Bitcoin worth $23.4 million to date, BitcoinTreasuries.NET data shows.
Magazine: Mysterious Mr Nakamoto author: Finding Satoshi would hurt Bitcoin
Source: https://cointelegraph.com/news/tether-helps-rumble-add-bitcoin-tips-for-content-creators?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
