Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has unveiled an XRP edition of its crypto credit card in collaboration with Ripple. The card, issued with WebBank and available across all 50 U.S. states and Puerto Rico, offers users up to 4% back in XRP on fuel, EV charging, and rideshare purchases, 3% on dining, 2% on groceries, and 1% on other transactions. Select merchant partnerships will provide up to 10% back on eligible purchases.
Additionally, Gemini is expanding support for Ripple USD (RLUSD), Ripple's $680 million market cap stablecoin. RLUSD is now available as a base currency for all spot trading pairs for U.S. users, simplifying trading by eliminating extra conversion steps and fees.
The launch targets the "XRP Army" and aims to drive adoption of both XRP and RLUSD. Gemini is offering a sign-on bonus of $200 in XRP for users who spend $3,000 in the first 90 days. The card integrates with Apple Pay, Google Pay, and Samsung Pay.
This move comes as Ripple seeks to establish RLUSD in the growing stablecoin market, forecasted to reach trillions, and follows recent partnerships like one with SBI Group to bring RLUSD to Japan by early 2026. Gemini's expansion includes recent offerings like tokenized U.S. stock trading and a MiCA license in Malta, as it prepares for a U.S. IPO.