Tether has recently invested $775 million in Rumble, a platform that is seen as a rival to YouTube. This investment comes after Rumble’s decision to push into the world of Bitcoin. Tether, a popular stablecoin issuer, is known for its ties to the cryptocurrency market.
The move by Tether to invest such a significant amount in Rumble shows a growing interest in the potential of digital assets within the online video industry. Rumble has been making waves as a platform that offers an alternative to YouTube, particularly for creators who feel marginalized by the mainstream platform.
With the rise of Bitcoin and other cryptocurrencies, it’s not surprising that Rumble would want to capitalize on this trend. By partnering with Tether, Rumble is positioning itself as a major player in the intersection of digital assets and online video content.
Overall, this investment signals a new chapter for Rumble and highlights the increasing importance of cryptocurrencies in the online space. It will be interesting to see how this partnership unfolds and what it means for the future of both Rumble and the broader cryptocurrency market.