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Publicly traded video streaming firm Rumble rolled out its crypto wallet—called Rumble Wallet—on Wednesday to support crypto payments and tipping for its creator economy. Built with stablecoin issuer Tether’s wallet development kit and using payments infrastructure from MoonPay, the non-custodial wallet is directly embedded within the Rumble platform and initially supports dollar-backed stablecoin USDT, Tether’s Gold-backed token (XAUT), and Bitcoin (BTC). "Rumble represents free speech and liberty the same way that cryptocurrency and a decentralized internet represent freedom, and Rumble Wallet is the natural combination of those things," said Rumble founder and CEO Chris Pavlovski in a statement. "At Tether, we champion technologies that promote freedom, decentralization, and the fundamental right to free speech. Rumble Wallet brings those ideals together into one product that will give tens of millions of users more control than any platform has offered before, even in…" The stablecoin giant has a vested interest in Rumble’s success, as its connections to the firm run far deeper than the wallet integration. In 2024, Tether committed $775 million to invest in the video-sharing firm. In November, Tether added another 1 million shares and financially backstopped a Rumble acquisition. Shares in Rumble (RUM) have dropped around 0.5% so far on Wednesday, recently changing hands at $6.69. The stock has dropped more than 50% in the last year of trading, according to Yahoo Finance. A representative for Rumble did not immediately respond to Decrypt’s request for comment.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
