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Ripple and Gemini Launch XRP Card Offering Up to 4% Cashback

Ripple and Gemini Launch XRP Card Offering Up to 4% Cashback

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by Giorgi Kostiuk

an hour ago


The recent launch of the XRP card from Ripple in partnership with Gemini has elicited mixed reviews from users. Despite cashback promises, many expected more.

Lukewarm Reception From XRP Holders

The card is available only to U.S. customers, sparking frustration among international supporters. Some users noted that Gemini already offers XRP as part of its standard rewards program, making the new product feel more like a rebrand than an innovation.

Attempts to Build Excitement

To counter the slow start, Ripple executives have actively promoted the card. CEO Brad Garlinghouse shared photos online showing off his card, and CTO David Schwartz joined the efforts by posting pictures with the card and XRP-themed apparel.

Gemini Strengthens Partnership With Ripple

The launch underscores the deepening relationship between Ripple and Gemini. The exchange has added new XRP integrations, including collateral support for derivatives trading and expanded access to Ripple’s RLUSD stablecoin.

The XRP card is part of a broader push by Ripple to showcase the utility of its token, but critical feedback from its loyal community may affect its future prospects.

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