XRP News Today: Ripple Launches XRP Rewards Credit Card With Mastercard and WebBank

David Schwartz, Ripple’s Chief Technology Officer, recently made a lighthearted public appearance at a San Francisco café called XRPresso, where he showcased the newly launched XRP rewards credit card. Dressed in XRP-themed attire, including a belt and T-shirt, Schwartz shared the moment on social media with the caption: “Got my XRP belt on, wearing an XRP t-shirt, holding an XRP rewards credit card at XRPresso … someone pinch me?” His post highlighted both his personal enthusiasm and Ripple’s broader efforts to bring XRP into daily financial tools [1].

The XRP edition of the Gemini Credit Card, launched on August 25, 2025, is issued by WebBank under the Mastercard World Elite program. It allows users to earn XRP rewards through everyday spending, with a tiered cash-back system offering up to 4%. In addition, select merchant partnerships provide users with up to 10% back in XRP on eligible purchases. The card features no annual fee, no foreign transaction charges, and no fees for receiving rewards in cryptocurrency [1].

Ripple CEO Brad Garlinghouse underscored the importance of the card, stating it enables users to engage with XRP in a practical and accessible way. The launch reflects Ripple’s broader strategy to create real-world applications for its blockchain technology. The timing of the card’s release is also significant, as Ripple recently concluded its legal battle with the U.S. Securities and Exchange Commission (SEC), which brought much-needed regulatory clarity for XRP [1].

Gemini has further solidified its relationship with Ripple through a $75 million credit line and is reportedly preparing for a potential public offering. This partnership highlights a strategic convergence between the two firms, combining Ripple’s blockchain infrastructure with Gemini’s expanding influence in the digital asset market [1].

The XRP credit card has been well-received by the community. Many XRP supporters shared their experiences of receiving the card and expressed excitement over the new earning opportunities it offers. While some users praised the card’s practical benefits, others humorously noted that Schwartz’s XRP-themed outfit was almost complete, joking that only XRP-themed underwear was missing [1].

This development marks a tangible step in Ripple’s ongoing efforts to integrate blockchain into mainstream financial systems. By offering a rewards-based credit card that directly issues XRP, Ripple continues to expand the utility and accessibility of its digital asset, reinforcing its role as a key player in the evolving landscape of digital finance [1].

Source: [1] Times Tabloid (https://timestabloid.com/got-my-xrp-belt-on-ripple-cto-flaunts-his-xrp-credit-card-powered-by-mastercard/)