Tether to Promote New U.S. Stablecoin USAT via Rumble, CEO Says

In order to encourage the use of USAT, its recently released stablecoin created especially for the US market, Tether CEO Paolo Ardoino said the business intends to leverage the video streaming site Rumble. According to Ardoino, Rumble plans to introduce a crypto wallet that utilises Tether’s technology later this year at a panel discussion held at Token2049 in Singapore on Wednesday. “The aim there is to prove how we can convert [Rumble’s] 51 million [monthly] active users, mostly in the United States, to use stablecoins within the U.S., the most sophisticated country nation for financial rails,” stated Ardoino.