Gemini Launches XRP Credit Card as IPO Moves Forward

Crypto exchange Gemini has launched a new credit card designed for XRP holders, offering up to 4% cashback in the cryptocurrency on purchases. The move comes amidst Gemini’s push towards an initial public offering (IPO) and is backed by Ripple, a strategic partner that provides a $150 million credit line to support the initiative. The card eliminates annual fees and foreign transaction costs, focusing on accessibility for users within the XRP ecosystem. 4% cashback in XRP rewards are available through the platform, with the option to switch to other cryptocurrencies at any time.