Overview

• CEO Paolo Ardoino announced the Rumble partnership at Token2049 in Singapore as part of Tether’s U.S. push for USAT.
• Rumble is expected to launch a Tether-integrated crypto wallet later this year that will feature USAT alongside other tokens.
• Tether’s 2024 investment of $775 million secured roughly 48% of Rumble, giving access to about 51 million monthly users for distribution.
• USAT is presented as a dollar-backed token designed to comply with the GENIUS Act, with Bo Hines leading the U.S. initiative.
• Tether has discussed raising up to $20 billion by selling around 3% of the company, with proceeds earmarked in part for AI efforts.