XRP News Today: Ripple's $75M Bet on Gemini Signals Institutional Confidence in Crypto's Comeback

Ripple Labs Inc. has extended a $75 million secured revolving credit line to Gemini, a move disclosed in the latter’s S-1 IPO filing and accepted by the U.S. Securities and Exchange Commission on August 15, 2025. This financial backing comes as Gemini advances its public market ambitions, having filed for an initial public offering on Nasdaq under the ticker "GEMI." The credit line is part of a broader strategy to support Gemini’s pre-IPO operations and aligns with Ripple’s growing emphasis on institutional-grade products like its RLUSD stablecoin, which is backed by U.S. dollar deposits and government bonds and is designed for cross-border payments [6].

Gemini reported a net loss of $282.5 million for the first half of 2025, despite a 50% year-over-year increase in trading volume to $24.8 billion and a 30% rise in platform assets to $18.2 billion. The company has 523,000 monthly transacting users and plans to use IPO proceeds to repay existing liabilities, including loans from Galaxy and NYDIG. This follows a broader trend of crypto firms seeking public market access amid renewed investor appetite, with firms like Circle and Bullish recently making successful debuts [4].

The $75 million credit line also ties into the recent surge in demand for RLUSD, which has seen significant inflows from institutional and retail traders. Whale activity has been particularly notable, with XRP whales transferring $283 million in the last 24 hours to unknown wallets, signaling potential long-term accumulation. Ripple’s stablecoin has become a key asset for cross-border transactions, with the company planning to facilitate $70 billion in payments through Ripple Payments in the coming year [7].

The RLUSD stablecoin, issued by Ripple’s subsidiary Standard Custody & Trust Company, has a circulating supply of 311 million tokens, with a market cap of approximately CAD $430.26 million. It is designed to offer the stability of U.S. dollars with the efficiency of blockchain technology. Ripple plans to publish monthly third-party audits of RLUSD’s reserves to maintain transparency and investor confidence [6].

Analysts have noted that the credit line and the surge in XRP whale activity could indicate increased institutional interest in Ripple’s ecosystem. Despite XRP’s recent volatility—falling below $3 in the last 24 hours—whale investors have continued to accumulate, purchasing 440 million XRP worth $3.8 billion. This divergence between retail selling and institutional buying highlights the market’s pivotal support and resistance levels, with a potential breakout above $3.08–$3.14 expected to drive XRP toward a $3.90 target [1].

Ripple’s support of Gemini’s IPO and the growth of RLUSD reflect broader strategic moves to strengthen its presence in institutional finance and digital payments. The company is also navigating regulatory scrutiny, particularly in the U.S. where the SEC has delayed decisions on multiple XRP ETF applications, including those from Nasdaq, Bitwise, and Canary. These delays underscore the ongoing regulatory uncertainty surrounding crypto assets, though Ripple’s stablecoin and credit initiatives suggest a focus on regulated and transparent market access [3].

Source: [1] Golden Cross Signal Fades as XRP Slumps Below $3 (https://www.coindesk.com/markets/2025/08/18/golden-cross-signal-fades-as-xrp-slumps-below-usd3) [2] XRP Ledger sinks to last place in latest blockchain security ... (https://finance.yahoo.com/news/xrp-ledger-sinks-last-place-093702328.html) [3] Breaking Update on Several Spot Ripple (XRP) ETF Filings (https://cryptopotato.com/breaking-update-on-several-spot-ripple-xrp-etf-filings/) [4] Gemini files IPO bid amid crypto rally while bleeding $282m (https://finance.yahoo.com/news/gemini-files-ipo-bid-amid-092729866.html) [5] Crypto Exchange Gemini Files for U.S. IPO (https://www.tipranks.com/news/crypto-exchange-gemini-files-for-u-s-ipo) [6] Ripple USD Price Chart (RLUSD) (https://www.coingecko.com/en/coins/ripple-usd) [7] XRP Whales Move Nearly $300 Million as Ripple's RLUSD ... (https://zycrypto.com/xrp-whales-move-nearly-300-million-as-ripples-rlusd-stablecoin-triggers-massive-accumulation-wave/)