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4h ago

Tether Teams With Rumble to Bring USAT to In‑App Wallet Later This Year

The tie-up leverages Tether’s sizable Rumble stake to channel a GENIUS Act–compliant dollar token to a large U.S. audience.

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Overview

  • Paolo Ardoino announced at TOKEN2049 in Singapore that Rumble will launch a Tether-powered crypto wallet featuring USAT and other stablecoins later in 2025.
  • Rumble reports roughly 51 million monthly active users, positioning the app as a major distribution channel for Tether’s new U.S.-focused stablecoin.
  • Tether invested $775 million in 2024 to acquire about 48% of Rumble, giving it significant influence over the wallet rollout.
  • USAT is presented as compliant with the federal stablecoin framework created by the GENIUS Act, marking Tether’s renewed push into the U.S. market after past scrutiny including a 2021 fine.
  • Some outlets report Tether may seek up to $20 billion by selling roughly 3% of the company for AI initiatives, a fundraising plan that remains uncorroborated.