What to Know:
- Mastercard, Gemini, and Ripple are exploring using RLUSD stablecoins for card payment settlements on the XRP Ledger.
- Gemini continues expanding its crypto credit card ecosystem, aiming to integrate digital assets into daily spending.
- Mastercard’s growing digital asset network signifies a move towards broader adoption of stablecoin settlements in global payment systems.
Mastercard is partnering with Gemini and Ripple to explore using RLUSD stablecoins to settle traditional card payments on the XRP Ledger (XRPL), marking a potential shift in how payment systems operate. This initiative aims to integrate regulated stablecoins into Mastercard’s existing network, offering a potentially faster and more transparent alternative to traditional clearing systems. The collaboration represents a significant step toward connecting crypto innovations with established financial infrastructure.
Gemini’s expansion of its credit card offerings, including the XRP edition, aims to make digital assets a more integrated part of everyday transactions. With the launch of the Solana edition offering cashback in SOL tokens, Gemini is actively working to bridge the gap between traditional finance and the crypto world. WebBank, the issuer of Gemini’s cards, is also participating in the RLUSD settlement project.
Mastercard’s growing engagement with blockchain firms is further evidenced by its partnership with Chainlink, enabling direct on-chain fiat-to-crypto conversions. These initiatives signal a forward-looking approach to incorporating digital assets into mainstream financial services. This collaboration could pave the way for stablecoin settlements to become a standard feature of global payment systems.
I agree, on XRP sounds better
— Brad Garlinghouse (@bgarlinghouse) November 5, 2025
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Ripple CEO Brad Garlinghouse weighed in on the debate of whether to say “on XRP” or “on XRPL,” favoring the former for its community-friendly appeal. While “on XRPL” is technically correct, “on XRP” resonates more with the broader public. Garlinghouse’s preference highlights the importance of clear and accessible language in promoting crypto adoption.
These developments underscore the increasing integration of digital assets into traditional finance, potentially impacting Bitcoin, Shiba Inu (SHIB), and the broader crypto market. As regulations evolve and ETFs gain traction, collaborations like these will likely drive further innovation and adoption. The exploration of stablecoin settlements could be a catalyst for more efficient and transparent global payment systems.
Source: Original article
