XRP News Today: Gemini Launches XRP Rewards Card to Fuel Crypto Adoption

Ripple and Gemini have entered a strategic collaboration to enhance the utility and adoption of XRP, with the launch of an XRP-branded credit card and expanded use of Ripple’s RLUSD stablecoin. Gemini, the prominent cryptocurrency exchange co-founded by Cameron and Tyler Winklevoss, has introduced a new credit card that rewards users with XRP for everyday spending. The card, issued in partnership with WebBank and Ripple, offers variable cashback rates, with up to 4% in XRP on purchases such as fuel, electric vehicle charging, and rideshares. Additionally, Gemini is collaborating with select merchants to provide up to 10% cashback on eligible purchases, further incentivizing XRP usage [3].

This initiative is part of Gemini’s broader expansion strategy as it prepares for its initial public offering (IPO). Gemini has previously launched tokenized U.S. stock trading and obtained a MiCA license in Malta to strengthen its European presence. The XRP credit card adds a new dimension to the platform’s user experience, aiming to bridge traditional financial services with cryptocurrency rewards. Tyler Winklevoss, Gemini’s co-founder and CEO, emphasized the initiative as a way to "give customers and the XRP Army new ways to earn XRP and express their passion, loyalty, and excitement."

Alongside the credit card, Gemini is also expanding the use of Ripple’s RLUSD stablecoin, a U.S. dollar-backed stablecoin with a market size of approximately $680 million. RLUSD is now available as a base currency for all spot trading pairs on Gemini for U.S. users. This integration allows traders to transact between RLUSD and other cryptocurrencies without the need for additional conversion steps, streamlining trading activity and reducing friction in cross-asset trading [3].

Ripple’s collaboration with Gemini aligns with broader efforts to increase XRP adoption through real-world use cases. Ripple CEO Brad Garlinghouse has previously projected that XRP could capture 14% of SWIFT’s global payments volume within five years, which would equate to approximately $21 trillion in annual transaction value. By partnering with Gemini, Ripple is further embedding XRP into the financial ecosystem, leveraging the exchange’s growing user base and infrastructure. The credit card initiative, in particular, offers a tangible mechanism for everyday users to earn XRP, potentially increasing the token’s circulation and utility.

While XRP has experienced significant price appreciation in recent years—surpassing 397% growth over the past year—the path to tenfold returns remains challenging. The token’s market capitalization currently stands at around $170 billion, and reaching a $1.7 trillion valuation would require substantial adoption and utility expansion. The recent partnership with Gemini and the launch of the XRP credit card represent strategic steps toward this goal, emphasizing real-world use cases and financial integration. However, long-term price performance will depend on factors such as regulatory developments, competitive pressures, and broader market conditions.

Source: [1] Could Ripple (XRP) Deliver 10x Returns? (https://finance.yahoo.com/news/could-ripple-xrp-deliver-10x-132000630.html) [2] Ripple Price Analysis: Is XRP Preparing for One Final Rally Before Big Correction (https://cryptopotato.com/ripple-price-analysis-is-xrp-preparing-for-one-final-rally-before-big-correction/) [3] Ripple News: Gemini Rolls Out XRP Credit Card, Expands (https://www.coindesk.com/business/2025/08/25/gemini-targets-xrp-army-with-new-credit-card-expands-ripple-usd-use-for-u-s-customers)