Haciyev Reşit 
The crypto exchange Gemini, founded by the Winklevoss twins, is making headlines with its new moves targeting the XRP community. While preparing for a U.S. IPO, the company is expanding its product lineup and strengthening strategic partnerships with Ripple.
XRP Credit Card Launched for Users
Gemini, in collaboration with Ripple, has launched a new XRP-based credit card. The card allows users to earn XRP rewards from their everyday spending.
Gemini Launches XRP Credit Card and Expands Ripple USD Integration in the U.S.
The card, launched in partnership with WebBank, offers crypto rewards at the following rates across different spending categories:
- 4% XRP cashback on fuel, EV charging, and rideshare services
- 3% XRP at restaurants
- 2% XRP on grocery purchases
- 1% XRP on all other transactions
Additionally, through special agreements with selected merchants, Gemini provides up to 10% cashback on qualifying purchases.
Tyler Winklevoss, Gemini CEO and co-founder, stated during the card’s launch:
“We’re offering our customers and the XRP community new ways to earn XRP and express their passions, loyalty, and excitement.”
Ripple USD (RLUSD) Across All Spot Trading Pairs
Gemini didn’t stop at the XRP credit card—it also expanded integration of Ripple’s U.S. dollar-backed stablecoin, Ripple USD (RLUSD), across its ecosystem.
Now U.S. users can use RLUSD as a base currency for all spot trading pairs, enabling easy trades without extra conversion steps.
Ripple CEO Brad Garlinghouse highlighted the significance of this integration:
“Fifty-five million Americans own crypto, and this number is growing every day. People are looking for easier ways to access crypto in their daily lives. With Gemini, users can now integrate crypto into their daily spending through both XRP and RLUSD.”
IPO Preparations and Strategic Moves
Gemini filed for a U.S. IPO in June, strengthening its presence in the market. The company also began offering trading in tokenized U.S. stocks and obtained a MiCA license in Malta for its European expansion.
IPO filings disclosed a $75 million credit facility from Ripple, and Gemini reported a $282 million net loss in H1 2025.
Strategic Significance
Gemini’s XRP card and RLUSD initiatives reflect two major trends:
- Crypto integration into daily life: Users earn crypto rewards while spending, accelerating adoption.
- Stablecoin ecosystem diversification: RLUSD’s addition across all spot pairs gives Ripple an edge over competitors like USDC and USDT.
These developments reinforce Gemini’s positioning as not just a crypto exchange but a fintech company.
The launch of the XRP credit card and RLUSD integration marks a significant milestone for both the XRP community and U.S. crypto investors.
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