Gemini, Ripple, and WebBank Announce XRP Mastercard Launch with $75 Million Funding

Gemini, Ripple, and WebBank are launching an XRP-branded Mastercard on August 25, 2025, following Ripple's legal victory. The $75 million funding has boosted XRP adoption, with the price surging over 8% to $3.04. The launch represents a significant step for XRP's integration into mainstream finance and broader adoption of cryptocurrency payment solutions.

Gemini, Ripple, and WebBank are set to launch an XRP-branded Mastercard on August 25, 2025, following Ripple's recent legal victory. The $75 million funding has significantly boosted XRP adoption, with the price surging over 8% to $3.04. This launch represents a significant milestone for XRP's integration into mainstream finance and broader adoption of cryptocurrency payment solutions.

The XRP Mastercard will convert XRP balances into fiat at the point of sale, integrating digital currency into everyday purchases. The card is expected to be issued by WebBank, ensuring regulatory compliance within the U.S. payments system. The initiative is backed by Ripple and Gemini, aiming to drive adoption of XRP through mainstream financial infrastructure [1].

The collaboration combines the blockchain technology that powers XRP with Gemini’s custody structure and Mastercard’s worldwide merchant network, resulting in a more streamlined user experience for XRP holders. The campaign’s timing aligns with a broader institutional trend towards practical cryptocurrency uses, mirroring similar moves in Bitcoin-based treasury strategies and digital asset adoption.

Market experts believe the card’s launch, along with its coordinated promotion in a prominent New York City location, indicates a growing interest in cryptocurrency as a payment alternative. If successful, it has the potential to increase token liquidity, utility, and regular involvement among daily users.

Gemini has already encouraged XRP adoption with previous initiatives such as incentive programs that provided up to 4% cashback to XRP holders. The Mastercard launch appears to be a natural extension of that ecosystem, transitioning from incentives to transactional value.

The launch of the XRP Mastercard is a significant step towards integrating cryptocurrency into real-world payments. Anchored by strategic partnerships and relentless marketing, the product launch establishes a new standard for digital asset utility and may pave the way for mainstream use of tokens such as Bitcoin in consumer-facing financial services.

References:
[1] https://financefeeds.com/gemini-to-launch-first-ever-xrp-mastercard-u-s/