XRP Mastercard To Launch Today Amid Renewed Institutional Momentum
Synopsis
Funded by a $75 million investment from Ripple and Gemini, the card is expected to offer up to 4% cashback in XRP on everyday purchases.
The XRP community is buzzing after a massive New York City billboard revealed the XRP Mastercard—a new debit card issued by WebBank and powered by Gemini–will launch on Monday.
Funded by a $75 million investment from Ripple and Gemini, the card is expected to offer up to 4% cashback in XRP on everyday purchases. Users can load XRP into a Gemini-linked wallet, with each swipe instantly converted to local currency, reportedly settling in seconds with fees as low as 1%.
Gemini hyped the launch with “Prepare your bags” on X. The move comes after Ripple’s recent SEC victory.
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