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Ripple's XRP Mastercard and SolMining's XRP Cloud Contracts Boost Earnings Potential
ByAinvest
Saturday, Aug 23, 2025 12:35 pm ET1min read
Gemini and Ripple have launched a $75m XRP Mastercard for global payments, while SolMining has introduced XRP cloud contracts for daily income. The XRP Mastercard allows users to easily spend XRP at millions of merchants worldwide, while SolMining's new contracts allow users to pay with XRP and earn a steady daily income.
Gemini and Ripple have made significant strides in the cryptocurrency space with the launch of a $75 million XRP Mastercard for global payments, while SolMining has introduced XRP cloud contracts for daily income. These initiatives aim to expand the utility of XRP and provide users with new ways to engage with the digital currency.The XRP Mastercard, set to launch on August 25, 2025, allows users to spend XRP at millions of merchants worldwide. Funded by a $75 million investment from Ripple and Gemini, the card uses an innovative system that instantly converts XRP into local currency with a single swipe. This development is part of Ripple's long-term mission to transform cryptocurrency into a practical, real-world currency [1].
SolMining, on the other hand, has launched cloud mining reward contracts that support XRP payments. Users simply need to hold XRP and activate computing power to generate passive income. The system automatically settles profits daily, allowing previously idle XRP to generate income every day [1].
The XRP Mastercard and SolMining's cloud mining contracts represent a significant shift in the way XRP is utilized. The Mastercard allows for seamless integration of XRP into everyday transactions, while the cloud mining contracts provide a new avenue for passive income. These developments are expected to increase the adoption and utility of XRP, potentially leading to greater market liquidity and stability.
References:
[1] https://coincentral.com/xrp-mastercard-launches-august-25-gemini-supports-solmining-xrp-contracts-earning-9800-a-day/
[2] https://financefeeds.com/gemini-to-launch-first-ever-xrp-mastercard-u-s/
[3] https://www.ainvest.com/news/xrp-news-today-xrp-daily-spending-revolution-begins-gemini-mastercard-2508/
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