The XRP credit card, a new collaborative product from Ripple and Gemini, is now available, introducing a unique crypto-based reward structure to the credit card world. This marks the second major tie-in between the two U.S. crypto companies within months.

How the XRP Credit Card Works

This new limited-edition metal credit card allows users to earn cashback in XRP, Ripple’s native cryptocurrency, across a wide range of purchases. Unlike other rewards programs that have delays or conversion fees, the XRP earned is instantly credited to users’ wallets, enabling seamless accumulation.

Cardholders can earn the following XRP rewards by spending in specific categories:

• 4% back in XRP on gas stations, electric charging, and rideshare services
• 3% back in XRP when dining at restaurants
• 2% back in XRP on grocery purchases
• 1% back in XRP on all other transactions

Even when users pay directly with USD, the rewards are automatically converted into XRP, offering a built-in incentive to use the card for everyday purchases.

A metal crypto rewards card enables users to earn instant XRP cashback through daily purchases.

Ripple’s Stablecoin Integration on Gemini

Beyond the card launch, Ripple’s USD-backed stablecoin is now supported on Gemini’s U.S. spot trading platform. This development enhances the ecosystem between the companies, offering added liquidity and ease of use for traders and users alike.

According to Ripple’s developer team, the XRP credit card also enables simplified trading features with no conversion fees, positioning it as one of the most efficient crypto reward cards available for U.S. consumers.

Strengthening the Ripple-Gemini Partnership

This product follows closely after Ripple played a supportive role in Gemini’s effort to go public. Just weeks ago, Gemini revealed that it had filed an S-1 registration form with the U.S. Securities and Exchange Commission (SEC), aiming to list publicly.

In that process, Ripple provided financial assistance to Gemini, offering an initial credit commitment of $75 million. The deal, as detailed in an earlier report, allows Gemini to make additional loan requests within a range of $5 million to $150 million—with appropriate collateral backing each loan. You can read more about that collaboration here.

The XRP-centric card offers yet another interesting dimension to the rapidly aligning goals of both companies: powering user adoption and cementing their roles in U.S. crypto finance. With Ripple contributing liquidity and credit services, and Gemini providing regulatory and consumer-facing platforms, this synergy could foreshadow deeper market penetration.

Related: XRP Price: $12M Max Pain for Bears

For more media content on the product launch, you can visit the original tweet shared by Gemini here.