Gemini has announced the launch of a new XRP edition of its Gemini Credit Card in collaboration with Ripple, marking a significant expansion of its cryptocurrency rewards programme. This latest offering allows customers to earn cashback in XRP, one of the largest digital assets by market capitalisation and daily trading volume.

The card offers up to 4% back in XRP on gas, EV charging, and rideshare, 3% on dining, 2% on groceries, and 1% on other purchases. In addition, Gemini is partnering with select merchants to provide up to 10% back on qualifying purchases, further enhancing the appeal of the card.

Expanding Rewards with XRP and RLUSD

The XRP edition is not the only expansion Gemini has introduced. The exchange is also broadening access to Ripple USD (RLUSD), Ripple’s USD-backed stablecoin that has already surpassed $640 million in market capitalisation, placing it among the top six dollar-based stablecoins globally.

Since being listed on Gemini in May 2025, RLUSD is now available as an optional base currency for all spot trading pairs in the US. This means users can directly move between RLUSD and any other asset on the platform in a single transaction, eliminating additional conversion steps and fees.

Why Focus on XRP?

The decision to double down on XRP is underpinned by strong growth in the asset’s performance as a rewards currency. Gemini’s internal data revealed that credit card users who held XRP rewards for at least one year saw an impressive 453% increase in value as of July 27, 2025.

For context, $73,700 worth of XRP rewards earned by customers at the time of issuance were valued at more than $407,000 after one year. This was the highest growth rate among all rewards currencies available through the Gemini Credit Card, highlighting XRP’s strong market performance and appeal among crypto holders.

Institutional Adoption Driving Utility

XRP is the native digital asset of the XRP Ledger (XRPL), a public blockchain designed for fast, low-cost transactions. For over a decade, it has been leveraged for payments, settlement, and cross-border transfers. Its global reach continues to expand as institutions increasingly embrace digital assets.

Several prominent names including abrdn, Braza Bank, Vert, Société Générale–Forge, and Guggenheim Treasury Services have already adopted XRPL for financial operations. Ripple remains a major supporter of the ecosystem, alongside a global community of developers and financial innovators.

This growing institutional adoption supports the case for Gemini’s strategic focus on XRP, reinforcing the asset’s utility beyond speculative investment.

Credit Card Features and Benefits

The Gemini Credit Card – XRP Edition retains the core features of the platform’s existing crypto rewards programme while adding a tailored experience for XRP enthusiasts. Key benefits include:

• No annual fee

• No fees to receive crypto rewards

• No foreign transaction fees

• Ability to switch between crypto rewards at any time, including bitcoin, ether, and over 50 other digital assets on Gemini

• Discounted subscriptions to services such as Peacock Premium, Instacart, ResortPass, Lyft, and Booking.com via the Mastercard World Elite programme

The cashback categories are structured as follows:

• 4% back on gas, EV charging, transit, and rideshare, capped at $300 in spend per month (then 1% thereafter)

• 3% back on dining

• 2% back on groceries

• 1% back on all other purchases

These features position the card as one of the most comprehensive crypto reward programmes currently available to US consumers.

Crypto Integration into Daily Life

The launch reflects a broader trend in the crypto industry: integrating digital assets into everyday financial products. Ripple CEO Brad Garlinghouse highlighted that 55 million Americans currently own crypto, and this number continues to rise as people seek simple, practical ways to use digital assets.

With the XRP Credit Card, ordinary purchases from fuel and groceries to streaming subscriptions become an opportunity to accumulate cryptocurrency. For holders, the potential upside mirrors the strong historical performance of XRP as a reward asset.

Meanwhile, Gemini’s expansion of RLUSD ensures that customers have a stable and flexible base currency option within its trading ecosystem, reinforcing the company’s aim to simplify trading and spending with digital assets.

A Step Toward Mainstream Crypto Adoption

The XRP edition of the Gemini Credit Card represents a notable step forward in bridging the gap between traditional finance and digital assets. By offering tangible benefits such as cashback rewards, merchant discounts, and broad crypto flexibility, Gemini and Ripple are positioning XRP as a mainstream option for both investors and everyday consumers.

The collaboration highlights how established crypto platforms and blockchain firms are increasingly working together to drive practical adoption, institutional trust, and user growth.

As Gemini frames it, the new XRP Credit Card provides users with a “bridge to the future of finance,” making it easier to earn, hold, and spend crypto in daily life.