Gemini Launches XRP Credit Card with Rewards as RLUSD Trading Expands
The post Gemini Launches XRP Credit Card with Rewards as RLUSD Trading Expands appeared on BitcoinEthereumNews.com.
The August 25, 2025 launch marks a significant partnership between Gemini and Ripple, backed by $75 million in joint investment. The timing comes as Gemini prepares for its public listing, having filed IPO paperwork despite reporting $282.5 million in net losses for the first half of 2025. This strategic move aims to attract the dedicated XRP community while positioning both companies in the growing crypto payments market. XRP Credit Card Rewards Structure The new Gemini Credit Card XRP Edition offers competitive cashback rates exclusively in XRP tokens. Cardholders earn up to 4% back on gas purchases, electric vehicle charging, and rideshare services, with a monthly cap of $300 before rates drop to 1%. Dining purchases earn 3% back, groceries provide 2% rewards, and all other qualifying purchases return 1% in XRP. Additionally, Gemini has partnered with select merchants to offer up to 10% cashback on qualifying purchases for all Gemini Credit Card holders. These enhanced rates position the card competitively within the crypto rewards space. The card comes with no annual fee, no foreign transaction fees, and no charges for receiving crypto rewards. The launch promotion offered a $200 XRP bonus for applicants approved by June 30, 2025, who spent $3,000 within their first 90 days, though this promotional period has now ended. Why Gemini Chose XRP Gemini’s decision to create an XRP-specific card stems from impressive historical performance data. According to Gemini’s analysis, credit card users who held XRP rewards for at least one year saw their rewards grow by 452.9% as of July 27, 2025. This represented the highest percentage gain among all reward currency options available to Gemini cardholders. Source: @Gemini To illustrate this performance, $73,700 in XRP rewards earned between October 2021 and July 2024 were worth over $407,000 by July 2025. This substantial growth demonstrates…
Filed under: News - @ August 26, 2025 10:27 pm