Crypto and the world of video streaming have seen a major movement. Rumble’s CEO and Crypto Supporters Chris Pavlovski has confirmed that his company is going to launch a new crypto wallet in Q3. This wallet will support Bitcoin and Stablecoins and it will be directly competed with veterans like Coinbase Pockets.
Rumble Pockets: A new beginning with tether
This wallet is named “Rumble Wallet” and is being made StableCoin Writer Tether Together with. Chris Pavlovski announced this on 9 May on X (first Twitter) and said:
“Our target is to make Rumble Wallet the most leading non-Custodial Bitcoin and Stablecoin Wallet, which makes the creator economy powerful.”
Through this wallet, Rumble not only wants to give better montage options to content creators, but also to be a medium of better earning from traditional advertiser in the international market.
Rumble and Tether’s pre -strong partnership
In March 2025, Rumble announced to bring Tether Pockets on its platform for the first time. Earlier, in December 2024, Tether invested $ 775 million in Rumble. Now the next step of this investment is the new crypto wallet.
Chris Pavlovski also indicated that this wallet might also support Tether Gold (Xaut), although it has not been confirmed. If you Tether gold value If you want to check, then you can check the live price by going to the given link.
Entry in already crowded market
Rumble pockets are coming at a time when the market of non-custodial wallets is already filled. Veterans like Coinbase, Metamask, Robinhood, Crypto.com, Revolut and PayPal are already present in this space.
According to Coinbase’s report, the number of mobile crypto wallet users in this 2024 this 2024 reached 36 million all-time high. However, Rumble has the advantage of having a large user base and creator-centric platform, making this wallet a distinct identity.
Rumble is now Bitcoin Conserving Company too
Rumble started his first crypto holding by purchasing 188 BTC in March 2025. Now the company has 210 BTCs, which cost about $ 22 million at the current rate. Following this step, Rumble has introduced itself as a bitcoin-consumed corporate like Michael Saylor’s company Microstrategy.
Q1 2025 earnings better than expected
On 8 May, Rumble presented its Financial Report of Q1 2025. The company had a net loss of $ 2.7 million in this Q1, which is much lower than the $ 43 million loss of Q1 2024 last year.
Gaap loss was just $ 0.01 per share, which was 90% better than analysts estimated. The company’s total earning was $ 23.7 million, which is 34% higher than 2024. The company’s active monthly users were 59 million, which is slightly less than 68 million of this Autumn 2024.
Chris Pavlovski said:
“Our subscription and advertising have increased earnings, causing our revenue growth to reach 34%.”
Stir in stock price
The price of Rumble’s shares (Rum) has risen 2.37% to $ 7.78, but in 2025, the company’s shares have fallen by 40% so far.
Conclusion
The entry of rumble pockets will provide a new option to Creator Economy, where they will be able to manage their digital assets directly without third party custody. Partnership with a big company like Tether and Rumble’s own video platform power can rapidly install this new product in the market. In the coming time, it will be interesting to see if Rumble Pockets will really be able to compete with big companies like Coinbase.
Also read:Former CEO of CELSIUS caught in Crypto RIP -off sentenced to 12 years
