Gemini Launches the XRP Army Credit Card
Crypto exchange Gemini has officially rolled out its XRP Credit Card, a limited-edition product designed for the XRP Army. The card offers up to 4% cashback in XRP, with no annual fee and no foreign transaction fees.
The new product comes at a pivotal moment for Gemini, as the exchange is preparing for its initial public offering (IPO). Ripple, which has a $150 million credit line agreement with Gemini, is among the firms backing its public listing plans.
Exclusive Features and Perks
The Gemini XRP card functions similarly to existing Gemini credit cards but includes an exclusive design for XRP loyalists. Beyond XRP rewards, users can still choose to earn Bitcoin or over 50 other cryptocurrencies as cashback and swap between them at any time without extra fees.
The perks include:
- 4% XRP cashback on purchases
- No annual fees
- No foreign transaction fees
- Zero exchange fees on crypto rewards
Gemini highlighted the card as a way for users to “show their allegiance” while enjoying seamless access to digital assets.
Ripple’s Reaction and RLUSD Integration
Ripple welcomed the card launch, posting on X that it supports RLUSD, Ripple’s U.S. dollar-backed stablecoin, for spot trading. The company said the partnership would give users “fast and simple access to crypto and stable value” with no conversion fees.
Ripple’s involvement in the project is particularly noteworthy, as it not only backs Gemini’s IPO plans but also strengthens XRP’s role in mainstream financial services.
Gemini’s IPO Struggles and Strategic Shift
Despite the hype around the launch, Gemini’s IPO filing revealed a $282.5 million net loss in the first half of the year. The exchange has also reported two years of struggling to reach profitability.
Analysts suggest the XRP cashback card may be part of Gemini’s broader strategy to expand its user base and diversify revenue streams ahead of its IPO. Pro-crypto lawyer John Deaton even predicted before launch that the Gemini XRP card would “outdo other cards” in the market.
Hey @cameron, @tyler, @Pagetgrace and @Natalie_Rix:
— John E Deaton (@JohnEDeaton1) August 23, 2025
I’m going to make a friendly wager and bet the Gemini XRP Card will outdo other cards.
And for the record, I’m not being compensated in any way to offer this friendly wager. 😂 I just know a thing or two about the XRP Army. https://t.co/zJsLJoy9dD
Hey @cameron, @tyler, @Pagetgrace and @Natalie_Rix:
— John E Deaton (@JohnEDeaton1) August 23, 2025
I’m going to make a friendly wager and bet the Gemini XRP Card will outdo other cards.
And for the record, I’m not being compensated in any way to offer this friendly wager. 😂 I just know a thing or two about the XRP Army. https://t.co/zJsLJoy9dD
XRP Army Excitement Builds
The move has already generated buzz within the XRP community, where loyal supporters see the card as both a symbol of identity and a practical tool to earn crypto rewards. With Gemini’s IPO looming and Ripple strengthening its partnerships, the credit card may be more than just a novelty—it could be a catalyst for adoption.
