Rumble shares surge 12.83% intraday after launching non-custodial crypto wallet for BTC, USDT, and XAUT tipping.

Rumble surged 12.83% intraday after launching a non-custodial crypto wallet supporting Bitcoin, Tether (USDT), and tokenized gold (XAUT), with Tether’s infrastructure enabling multi-asset transactions. The wallet, currently in a limited Android beta, aims to enhance creator monetization and deepen ties with Tether, a major stablecoin issuer. Critics raised concerns about potential illicit use, but the move aligns with broader industry trends toward decentralized finance and creator-driven platforms. Tether’s CEO highlighted future features, including Lightning Network integration and account abstraction tools, signaling long-term scalability. The initiative taps into Rumble’s user base’s preference for decentralized alternatives to traditional banking, reinforcing its "Freedom First Ecosystem" vision.