XRP News Today: Gemini Launches XRP Credit Card With 4% Cashback on EV and Fuel Spending

Gemini has launched a new XRP-branded credit card in partnership with Ripple and Mastercard, offering users the ability to earn cashback rewards in XRP on everyday spending. The card features tiered reward structures, with 4% cashback in XRP on fuel, electric vehicle (EV) charging, rideshare, and transit purchases. Dining and grocery transactions offer 3% and 2% returns, respectively, while all other purchases earn 1% back in the cryptocurrency [1]. This marks the first time a major crypto exchange has launched a cashback card with XRP as the reward asset, aiming to boost the token’s utility and adoption in daily life.

The XRP credit card is issued through WebBank and operates under the same structure as Gemini’s existing cashback programs. Tyler Winklevoss, Gemini’s co-founder and CEO, emphasized the initiative as a way to cater to the “XRP Army,” the loyal base of XRP holders who have remained active despite years of legal and regulatory challenges [2]. The card also allows users to earn XRP instantly, reinforcing the token’s role in real-world transactions and potentially increasing its demand.

Alongside the credit card launch, Gemini has integrated Ripple USD (RLUSD), a U.S. dollar-pegged stablecoin, more deeply into its platform. Now available as a base currency for all spot trading pairs for U.S. customers, RLUSD aims to streamline trading by eliminating the need for additional conversions between fiat and crypto assets [3]. This move aligns with broader industry trends toward stablecoin adoption and underscores Gemini’s strategy to enhance trading efficiency.

Gemini’s XRP credit card and RLUSD integration are part of the exchange’s broader efforts to prepare for a public listing. The company has been expanding its product offerings in 2025, including launching tokenized U.S. stock trading and securing regulatory approvals in Malta. Despite these efforts, Gemini reported a $282 million net loss in the first half of 2024, according to its IPO filings [4]. The $75 million credit facility from Ripple, also disclosed in the filings, has provided additional capital as the exchange navigates its path toward a public offering.

The XRP credit card also comes at a pivotal time for the token. Ripple recently resolved its long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC), which had previously cast doubt on XRP’s classification and market viability. With that legal cloud lifted, both Ripple and Gemini are capitalizing on growing investor and institutional confidence in XRP [5]. Analysts suggest that increased real-world usage of the token, such as through the Gemini card, could support long-term value appreciation, though no direct price forecasts were cited in the provided sources [6].

The card is available to U.S. customers and is offered in both standard and limited-edition metal versions, appealing to crypto enthusiasts and frequent users. Gemini has emphasized its commitment to regulatory compliance and user-friendly crypto integration, positioning the XRP card as a step toward mainstream adoption of digital assets. The offering expands Gemini’s product suite beyond custody, trading, and education, reinforcing its role as a bridge between traditional finance and the crypto ecosystem.

Gemini’s XRP credit card not only deepens its partnership with Ripple but also signals a shift in how crypto exchanges are approaching customer engagement and loyalty. By offering tangible rewards in a specific digital asset, Gemini is creating a more personalized experience for XRP holders and encouraging continued use of the token. The success of the card will depend on user adoption and continued regulatory clarity, but it represents a notable innovation in the evolving crypto rewards landscape.

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[1] CoinDesk, https://www.coindesk.com/business/2025/08/25/gemini-targets-xrp-army-with-new-credit-card-expands-ripple-usd-use-for-u-s-customers

[2] Gemini Trust, https://www.gemini.com/blog/gemini-releases-xrp-edition-of-the-gemini-credit-card-and-broadens

[3] The Crypto Basic, https://thecryptobasic.com/2025/08/25/gemini-officially-launches-xrp-credit-card-in-partnership-with-ripple-and-mastercard/

[4] Traders Union, https://tradersunion.com/news/billionaires/show/458325-gemini-xrp-card/

[5] AInvest, https://www.ainvest.com/news/xrp-news-today-gemini-launches-xrp-credit-card-4-cashback-crypto-2508-87/