XRP Credit Card Launches With up to 4% Back—Unlocks Full Real-World Utility

CN
2 hours ago

XRP’s expanding role in payments and rewards continues to gain momentum as it becomes integrated into mainstream financial tools. Crypto exchange Gemini announced on Aug. 25 the release of the Gemini Credit Card, XRP edition, a limited-edition metal card that pays users directly in XRP. This development was publicly introduced via Gemini’s official account on social media platform X:

Meet the Gemini Credit Card, XRP edition. Designed for enthusiasts, this limited edition metal card gives up to 4% back in XRP instantly. No waiting, just stacking. Available now.

Issued by WebBank and running on the Mastercard network, the card carries distinct branding with the Gemini emblem positioned on the upper left and the XRP symbol on the upper right. It provides differentiated cashback tiers: 4% in XRP on gas, electric vehicle charging, and transit; 3% on dining; 2% on grocery purchases; and 1% on general expenditures.

Ripple amplified the announcement on X, emphasizing the tailored card design as a “special-edition design for the XRP community.” Noting that its stablecoin RLUSD is “now supported for U.S. spot trading,” Ripple said it enables “simplified trading, no extra conversion fees” and “fast and simple access to crypto and stable value.”

XRP Credit Card Launches With up to 4% Back—Unlocks Full Real-World Utility

Gemini XRP Credit Card. Source: Gemini crypto exchange.

Gemini co-founders Cameron and Tyler Winklevoss also announced the launch of the XRP edition of the Gemini Credit Card, highlighting its XRP rewards on purchases. While Cameron described the card as simple to use, Tyler directly appealed to the XRP community, stating:

Calling on the XRP Army. This credit card was made for you. Earn up to 4% back in XRP every time you swipe. Onward!

The program is limited to U.S. customers, with applications already open. Market analysts see the collaboration as a bid to expand real-world XRP use while strengthening Gemini’s consumer-facing offerings. While critics point out the risks of volatility tied to crypto rewards, supporters argue the immediate XRP payouts could provide long-term advantages, making the card a strategic tool for token accumulation.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

火币HTX助力新朋友起航,交易瓜分50,000 USD1
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink