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Tether Invests $775M for 48% Stake in Rumble

10/3/2025

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Story summary
  • Tether's $775 million investment gives it a 48% stake in Rumble Inc., enabling a USAT-backed wallet and raising governance concerns.
  • The partnership seeks a large share of the U.S. digital dollar market by tapping Rumble's 51 million monthly users.
  • Rumble faces headwinds, including a 25% drop in monthly active users and GENIUS Act scrutiny, with mixed analyst views on USAT.