The post Ripple News: Mastercard Partners with Ripple, Gemini to Test RLUSD Stablecoin on XRPL appeared on BitcoinEthereumNews.com.

Ripple, Mastercard, WebBank, and Gemini join forces to trial Ripple’s RLUSD stablecoin on the XRPL for settling traditional fiat card transactions. A major financial technology shift is now underway. Ripple, a key crypto solutions firm, announced a massive new collaboration. This partnership consists of global payments company leader Mastercard, WebBank, and crypto exchange platform Gemini. Together, they will investigate the use of the Ripple USD (RLUSD) stablecoin for settlement of fiat card transactions. The powerful new initiative is set to bring a change in the back-end financial processes for major institutions. Global Payments Network Adopts Regulated Digital Asset The center of this initiative is focused on the XRPL. This public blockchain is well known for secure and incredibly fast payments. The new effort will allow RLUSD, which runs on the XRPL, to make these processes possible. This is specifically the flow of settlement between Mastercard and WebBank. Furthermore, this exploration will give key data on real-world stablecoin use cases. WebBank serves as the vital investor of the popular Gemini Credit Card. The whole project is an expansion of an existing and successful partnership. Earlier this year, they were able to launch an XRP edition of the Gemini Credit Card successfully. This prior success served as a solid model for the use of digital assets in existing payment programs. Related Reading: Ripple News: Ripple Hits $40 Billion Valuation After $500 Million Strategic Funding Round | Live Bitcoin News Mastercard’s Global Head, Sherri Haymond, commented on the proactive move. She said they are bringing regulated open-loop stablecoin payments to the financial mainstream. Moreover, the company is driven by a very high commitment to consumer choice. They also uphold a principled approach to stablecoins, ensuring full compliance with the regulations. The change will affect mainly only back-end operations. Therefore, consumers will not notice…

---

Filed under: News - @ November 6, 2025 6:29 am