# Big Investment from Tether 🎥💰

Tether, the company that issues the most popular stablecoin #USDT , has made a strategic investment of $775 million in Canadian video hosting and cloud storage system Rumble. The goal of this move is to develop community-owned and decentralized media platforms.

👉 Rumble Chairman and CEO Chris Pawlowski will continue to hold a controlling stake in the company after the deal. Rumble is known for its partnership with Trump Media & Technology Group, which develops social networks such as Truth Social.

📈 The company is traded on Nasdaq under the symbol RUM. Rumble is a platform popular among Americans with conservative and right-wing political views.