What's new?
Gemini, in collaboration with Ripple and WebBank, launched a credit card called 'XRP Edition', within the Mastercard World Elite network, available to users in the United States only.
The card grants users:
4% cash back in XRP on gas, electric vehicle charging, commuting, and rideshare.
3% on restaurants.
2% on groceries.
1% on other purchases.
In addition to offers of up to 10% cash back through the Gemini app at selected stores.
There are no annual fees or foreign transaction fees, and rewards are deposited instantly into the user's account on the Gemini platform, where they can be held, traded, or easily transferred.
There is also a welcome bonus of $200 in XRP when spending $3,000 within the first 90 days of activating the card.
Alongside the card, support for the stable currency Ripple USD (RLUSD) on Gemini has been expanded, making it a base currency for spot trading, allowing for direct exchanges without additional conversions.
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What does this collaboration mean?
It cannot be said that XRP is 'integrated' with Mastercard in the traditional sense; rather, a credit card from it is issued through the Mastercard network, facilitating the use of XRP as a reward that can be used in daily life. Naturally, this collaboration enhances the use of XRP in the world of traditional payments.
Mastercard provides the infrastructure for the payment network.
Gemini issues and manages the card and rewards service.
Ripple contributes to enhancing the use of XRP and linking it to a more stable traditional financial system.
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Simplified summary:
Yes, there is an actual collaboration between XRP and Mastercard through a new credit card issued by Gemini that allows you to earn and use XRP. This collaboration officially started on August 25, 2025.
