Tether, the world's largest stablecoin issuer, has invested $775 million in Rumble, a YouTube alternative known for its uncensored content. Tether CEO Paolo Ardonio emphasized the company's commitment to freedom of speech and financial independence, highlighting the strategic partnership with Rumble. Rumble CEO Chris Pavlovski expressed excitement about the collaboration, aiming to challenge YouTube's dominance. Following the announcement, Rumble's stock surged by 51.60% in after-hours trading. Additionally, Rumble plans to add Bitcoin to its balance sheet, with up to $20 million allocated for this move.
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