Cryptocurrency exchange Gemini has unveiled a new credit card created in partnership with Ripple and WebBank, offering U.S. users an opportunity to earn rewards in XRP with everyday spending. The platinum-style card delivers:
- 4% back in XRP on purchases such as fuel, EV charging, rideshare, and transit
- 3% back on dining
- 2% back on groceries
- 1% back on all other purchases
- Up to 10% back at select merchants through rotating offers
Early adopters can also receive a $200 XRP bonus after spending $3,000 within the first 90 days. The card carries no annual fee, no foreign transaction fee, and converts rewards instantly into the user’s Gemini account—ready to trade, hold, or withdraw.
Gemini’s CEO described the card as a way to let customers and the “XRP Army” express their loyalty and enthusiasm through everyday purchases. Ripple’s CEO echoed this, saying the card simplifies access to digital assets and links daily spending to both XRP and Ripple USD (RLUSD).
In tandem with the card launch, Gemini is expanding the role of RLUSD—a U.S. dollar–backed stablecoin currently valued at around $680 million in market cap. It is now available as a base currency for all U.S. spot trading pairs on the platform. This removes the need for additional conversion steps and streamlines trades between assets.
Gemini this year has been ramping up its offerings—from tokenized U.S. stock trading to regulatory approvals in Europe—and is now gearing up for a public listing. The XRP card and RLUSD integration underscore its strategy to embed crypto into everyday financial experiences.
