Attorney John Deaton predicted that the XRP Mastercard from Gemini would dominate the crypto card market. His comments have generated significant interest within the XRP community.
Deaton's Confidence and Community Excitement
Deaton, a long-time XRP supporter, expressed strong faith in the XRP Army's backing of the new card. He referred to his forecast as a friendly bet, confident that the Mastercard will surpass other products.
Gemini Expands Its XRP Commitment
Gemini is preparing to unveil a development directly targeting XRP holders, with an official reveal scheduled for August 25. The exchange teased the announcement with a giant billboard in Manhattan, highlighting the importance of the marketing campaign.
From Opposition to Adoption
The launch of the new product marks Gemini's dramatic turnaround regarding XRP. Although Ripple previously attempted to list the token on the exchange, co-founder Tyler Winklevoss declined. Tensions eased following Ripple's partial win against the SEC in 2023, leading Gemini to list XRP again.
The launch of Gemini's Mastercard with XRP rewards is viewed as a step towards broader financial integration. Deaton's predictions and community engagement highlight the significance of this event for the future of XRP.
