XRP News Today: XRP Card Turns Everyday Spending into Crypto Access Point

Gemini, in collaboration with Ripple, has introduced a new XRP edition of its credit card, offering consumers the opportunity to earn rewards in XRP. The card provides up to 4% back on gas, electric vehicle (EV) charging, and rideshare services, 3% back on dining, 2% back on groceries, and 1% back on all other purchases. Additionally, Gemini is expanding access to Ripple USD (RLUSD), a USD-backed stablecoin issued by Ripple, which is now available as an optional base currency for all spot trading pairs for U.S. users on Gemini. This move is intended to streamline trading and reduce conversion fees between assets and RLUSD. As of July 27, 2025, Gemini Credit Cardholders who had held XRP rewards for at least one year saw those rewards increase in value by 453%, the highest among all reward currencies offered. The XRP Ledger (XRPL), the blockchain underlying XRP, has seen growing institutional adoption, with entities such as abrdn, Braza Bank, and Société Générale–Forge integrating the technology for payments and cross-border transactions. The XRP Credit Card is marketed as a way to simplify access to digital finance and encourage everyday consumers to engage with XRP in a practical, user-friendly manner.

The XRP Credit Card features no annual fee, no fees for receiving crypto rewards, and no foreign transaction fees, making it an accessible option for users seeking to earn and hold XRP. Gemini users can also choose to earn rewards in other cryptocurrencies such as Bitcoin and Ethereum, and they can switch between reward currencies as frequently as they desire. Additional benefits include discounts to services such as Peacock Premium, Instacart, and Lyft through the Mastercard World Elite program. Tyler Winklevoss, Co-Founder and CEO of Gemini, emphasized that the XRP edition of the credit card represents a step toward making cryptocurrency more accessible and approachable for everyday users. The card aligns with Gemini’s broader mission to bridge traditional finance with the future of digital assets, according to its leadership.

Meanwhile, technical analysis of XRP’s price movement suggests the asset is in a consolidation phase following an uptrend against both USDT and BTC. On the USDT chart, XRP is forming a symmetrical triangle pattern, positioned beneath the upper boundary of a broader ascending channel. The current trading position of XRP above both the 100-day and 200-day moving averages supports a bullish outlook, though a breakdown below these levels could signal a bearish turn. On the XRP/BTC chart, the asset is also consolidating, having moved above key support levels but not yet forming a bullish crossover in its moving averages. Analysts suggest that if momentum continues to build, XRP could move toward the 3,000 SAT level or even retest the 3,400 SAT resistance zone. However, caution is advised, as a return to the $2.10 support level remains a potential risk if the market fails to break out decisively.

The growing institutional adoption of XRP has positioned it as a candidate for inclusion in corporate treasury strategies, similar to Bitcoin and Ethereum. Several companies have already initiated XRP treasury programs, including VivoPower and Nature's Miracle Holding, which have allocated millions to the purchase and holding of XRP. These strategies are part of a broader trend where firms use debt or equity financing to acquire cryptocurrency as a reserve asset. For XRP, the rationale is tied to its utility in decentralized finance (DeFi) and cross-border payments. However, while such strategies can amplify returns during bullish periods, they also introduce additional financial and operational risks. Experts caution that investing in companies that hold XRP rather than the asset directly may not always align with long-term investment goals, particularly when considering the volatility inherent in cryptocurrency markets.

Ripple CEO Brad Garlinghouse has publicly endorsed the XRP Credit Card, expressing optimism about the future of digital finance and the potential for XRP to become a more integral part of everyday transactions. He stated, “What a time to Be Alive, XRP Family,” highlighting the momentum and adoption of XRP in both consumer and institutional markets. Garlinghouse emphasized that the collaboration with Gemini represents a pivotal moment in making crypto more accessible and practical for the average user. As the XRP Ledger continues to expand its global footprint and attract financial institutions, the combination of user-friendly products like the XRP Credit Card and the growing utility of the XRPL may further accelerate the adoption of XRP. This development underscores the increasing integration of digital assets into mainstream financial systems, with Ripple and Gemini playing key roles in shaping this transition.

Source:

[1] XRP edition of the Gemini Credit Card (https://www.gemini.com/blog/gemini-releases-xrp-edition-of-the-gemini-credit-card-and-broadens)

[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] First Bitcoin, Then Ethereum: Will Ripple's XRP Be the Next (https://www.fool.com/investing/2025/08/23/first-bitcoin-then-ethereum-will-ripples-xrp-be-th/)

[4] XRP to ETH: XRP Price in Ether (https://www.coingecko.com/en/coins/xrp/eth)