Ripple Partners With Gemini to Roll Out XRP Credit Card and Expand RLUSD Trading

Gemini Expands Crypto Offerings with Ripple Partnership and RLUSD Stablecoin Integration

Gemini, one of the leading cryptocurrency exchanges in the United States, has unveiled a new wave of product expansions designed to boost its presence in both domestic and international markets. The company has introduced an innovative XRP rewards credit card in partnership with Ripple, Mastercard, and WebBank, while also extending support for the RLUSD stablecoin into its spot trading platform. The twin announcements underscore Gemini’s strategy to diversify its services as it prepares for an anticipated public listing in the U.S.

A New Ripple-Backed Credit Card for XRP Enthusiasts

In a major move that deepens ties with Ripple, Gemini revealed its latest product: an XRP rewards credit card. Issued by WebBank and backed by Mastercard, the card is aimed at expanding payment options for crypto users while rewarding purchases directly in XRP, Ripple’s native digital asset.

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The credit card offers competitive incentives designed to appeal to everyday consumers and crypto enthusiasts alike. Cardholders will be able to earn:

• 4% back in XRP on purchases related to fuel, electric vehicle charging, rideshare services, and public transit.

• 3% back in XRP on dining expenses.

• 2% back in XRP on grocery purchases.

• 1% back in XRP on all other eligible spending categories.

• Up to 10% back in XRP at select partner merchants, creating opportunities for enhanced rewards.

Additionally, Gemini is offering a limited-time promotion for new applicants. Customers approved for the credit card before June 30, 2025, can secure a $200 bonus in XRP by spending $3,000 within the first 90 days. The card, however, is available exclusively to U.S. residents and is being provided through WebBank.

Gemini emphasized that this initiative reflects its commitment to mainstream adoption of digital assets by embedding cryptocurrency into everyday financial activities. By rewarding users in XRP, the company aims to expand Ripple’s ecosystem and provide users with more options to store, trade, or cash out their rewards seamlessly within Gemini’s platform.

Expanding RLUSD Stablecoin to Spot Trading

Alongside the launch of the XRP rewards card, Gemini has expanded its support for RLUSD, Ripple’s U.S. dollar-pegged stablecoin. RLUSD is now available as a base currency for spot trading on Gemini, giving traders enhanced flexibility and access to stable liquidity across multiple trading pairs.

The integration brings several notable benefits for Gemini’s users:

• Simplified trading by using RLUSD directly, eliminating additional conversion steps and fees.

• Direct access to stable U.S. dollar value alongside digital assets.

• Faster transactions between RLUSD and other supported cryptocurrencies.

Ripple highlighted that RLUSD’s role in Gemini’s spot trading market will help users achieve more predictable settlements while ensuring high liquidity. This move is expected to attract traders who want a balance between the volatility of crypto markets and the stability of dollar-backed assets.

A Strengthened Partnership Between Ripple and Gemini

The growing partnership between Gemini and Ripple extends beyond product launches. Earlier this year, Ripple provided Gemini with a $75 million credit facility to bolster liquidity and support growth initiatives. The agreement also includes the option for additional secured loans, ranging between $5 million and $150 million, underscoring Ripple’s commitment to supporting Gemini’s expansion strategy.

By combining Ripple’s established payment network, its stablecoin RLUSD, and the introduction of an XRP rewards card, the collaboration positions both companies to push further into regulated financial markets. Together, Gemini and Ripple are aiming to bridge traditional financial services with the fast-growing world of digital assets.

IPO Preparations and Global Expansion

Gemini’s latest announcements arrive as the company prepares for its highly anticipated initial public offering. The exchange filed with the U.S. Securities and Exchange Commission (SEC) in June, signaling its intent to become one of the first major U.S. crypto exchanges to go public since Coinbase. Analysts suggest that Gemini’s push to expand product offerings could make it more attractive to both institutional and retail investors.

Beyond the United States, Gemini has also been moving aggressively to broaden its global footprint. The company recently secured a MiCA (Markets in Crypto-Assets) license in Malta, enabling it to operate under the European Union’s comprehensive regulatory framework for digital assets. With this license, Gemini is positioned to roll out new products and services across Europe, further establishing itself as a key player in the international crypto economy.

In addition to RLUSD spot trading and the XRP rewards card, Gemini has expanded into tokenized U.S. stocks. This innovative feature allows customers to trade tokenized shares of American companies, offering a new layer of diversification for investors seeking exposure to traditional equities within a crypto trading platform.

Driving Toward a Regulated, User-Friendly Crypto Ecosystem

Gemini’s dual focus on regulatory compliance and user adoption reflects its broader mission of building a trusted crypto ecosystem. By partnering with Ripple, integrating stablecoins, and expanding services globally, Gemini is positioning itself as a leading exchange offering more than just trading — it is working to integrate crypto into everyday financial life.

The introduction of the XRP rewards card highlights Gemini’s strategy of linking crypto incentives with real-world spending habits. Meanwhile, the addition of RLUSD into spot trading pairs ensures that users can benefit from stability and liquidity without needing to exit the crypto market.

Looking Ahead

As the cryptocurrency industry continues to mature, exchanges like Gemini are increasingly under pressure to diversify their products, comply with regulations, and enhance user trust. The company’s partnership with Ripple not only advances these goals but also reflects a broader trend of collaboration between crypto platforms and traditional financial players like Mastercard.

With its IPO on the horizon, Gemini’s expansion strategy appears designed to showcase innovation, compliance, and global ambition. The combination of XRP rewards, RLUSD trading, and new financial products points toward a future where crypto is not a niche investment class but an integral part of everyday financial life.

Whether these efforts will be enough to cement Gemini’s place as a market leader remains to be seen. However, with Ripple’s backing, regulatory momentum in Europe, and a growing U.S. customer base, Gemini is entering its next phase with a strong foundation.

Conclusion

The launch of an XRP rewards credit card and the integration of RLUSD into Gemini’s spot trading platform mark significant milestones for both Gemini and Ripple. By combining innovative financial products with a commitment to compliance, the companies are positioning themselves at the forefront of the evolving digital economy. As Gemini prepares for its IPO, these initiatives will likely play a central role in shaping its appeal to investors and users alike.

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