XRP News Today: Gemini Launches XRP Credit Card With 4% Crypto Cashback Following SEC Case Resolution

Gemini has introduced a limited-edition XRP-focused Mastercard credit card in the U.S., offering cardholders up to 4% cashback in XRP on purchases. The card is issued by WebBank and powered by Mastercard, with no annual fee and no foreign transaction or exchange fees when receiving crypto rewards. Rewards are automatically deposited into users’ Gemini accounts and can be applied to a range of everyday purchases, including gas, electric vehicle charging, and ride-sharing [1].

The product is a strategic partnership between Gemini, Ripple, and WebBank, and marks a significant step in expanding the utility of XRP. It follows the dismissal of the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple on August 22, 2025, after the company agreed to pay $125 million in civil penalties and was barred from pursuing an IPO for the time being [3]. The resolution has cleared the legal path for XRP-based products like this credit card to be developed and marketed without regulatory barriers.

Gemini and Ripple are also collaborating on broader initiatives, including the use of Ripple’s RLUSD stablecoin. The credit card is backed by a $75 million credit facility from Ripple and is part of Ripple’s ongoing efforts to obtain a national bank charter. These moves underscore Ripple’s push to integrate traditional financial systems with blockchain technology and expand its role in the crypto ecosystem [4].

Cardholders are also eligible for a $200 XRP welcome bonus by spending $3,000 within the first 90 days of account opening [5]. This incentive is expected to attract both existing XRP holders and new users, increasing the token’s exposure in mainstream financial activities. Gemini has promoted the card across social media channels, emphasizing its potential to provide instant rewards and expand XRP’s utility in daily transactions [2].

The launch comes as XRP experienced a 1.9% price decline immediately following the news, though retail interest in the token remains strong. Analysts, such as crypto analyst Ali Martinez, have suggested that the card could drive XRP’s price higher by increasing its real-world usage and adoption [6]. The product also aligns with broader industry trends of financial institutions incorporating crypto rewards into their offerings, aiming to appeal to a tech-savvy consumer base.

The introduction of the XRP-focused credit card highlights Gemini’s continued commitment to enhancing the accessibility and usability of cryptocurrencies. It also reflects Ripple’s vision of positioning XRP as a globally useful asset, particularly in the wake of recent regulatory developments. The collaboration is expected to contribute to greater XRP demand and further integration of digital assets into everyday spending.

Sources:

[1] https://www.pymnts.com/cryptocurrency/2025/gemini-ripple-launch-credit-card-offering-rewards-crypto/

[2] https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-xrp-eyes-300-breakout-as-gemini-debuts-xrp-focused-mastercard-202508251530

[3] https://www.thecoinrepublic.com/2025/08/25/ripple-and-gemini-unveil-xrp-credit-card-as-ripple-vs-sec-case-ends/?amp

[4] https://coinedition.com/xrp-credit-card-gemini-ripple-partnership/

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