Gemini Launches XRP Credit Card With Ripple, Expands RLUSD

RLUSD Stablecoin Added for Spot Trading on Gemini

Gemini has added an XRP version of its credit card in partnership with Ripple, Mastercard, and WebBank. The product will expand Gemini offerings and will focus on rewards to the Ripple community.

https://x.com/Gemini/status/1959972656507204040

The card offers XRP rewards on purchases made daily with no annual fee, no foreign transaction fee and no exchange fees. The rewards are credited into the Exchange wallet, where they can be stored, traded or cashed out as XRP.

Key reward features include:

• 4% back in XRP on fuel, EV charging, rideshare, and transit
  
  

• 3% back in XRP on dining purchases
  
  

• 2% back in XRP on groceries
  
  

• 1% back in the token on all other eligible spending
  
  

• Up to 10% back in the crypto at select partner merchants
  
  

New applicants approved before June 30, 2025, will be eligible to receive a $200 sign-up bonus in the token when they spend $3,000 within 90 days. The card can be obtained only in the United States and it is provided by WebBank.

Ripple Expands RLUSD Stablecoin Integration

Along with the debut, the exchange also expanded its implementation of the U.S. dollar stablecoin RLUSD to its spot trading platform. The move enables traders in the United States to trade pairs using RLUSD as a base currency.

The new functionality enables:

• Simplified trading without additional conversion fees
  
  

• Direct access to both stable value and digital assets
  
  

• Faster movement between RLUSD and other supported cryptocurrencies
  
  

Ripple pointed out that the integration of RLUSD enhances flexibility of users through stable settlements and high levels of liquidity. The update helps the exchange in its quest to make trading easier to many people.

The news follows on after Ripple gave the trading platform a $75 million credit facility earlier this year. The deal also has the option of additional secured loans between 5 and 150 million.

Gemini Expands Offerings Ahead of Public Listing

The credit card launch comes after the trading platform filed a U.S. IPO with the SEC in June. The company is expanding its products in an effort to attract more customers and to prepare it to go to a public listing.

Besides the growth of its services in the United States, Gemini recently obtained a MiCA license in Malta to expand its services in the European market. The exchange also started to provide trading in tokenized U.S. stocks, offering variety in its product.

With the Ripple card and RLUSD integration, the top exchange and Ripple are setting their partnership to combine payments, stablecoins, and crypto rewards into a regulated environment. The exercise is in line with the plans of the trading platform to diversify its services and build on its market leadership ahead of an IPO.