Ripple CEO Endorses XRP Card With Fire—Says ‘What a Time to Be Alive, XRP Family’

CN
7 hours ago

Ripple chief executive Brad Garlinghouse praised Gemini’s new XRP-branded credit card on social media platform X on Aug. 25, sharing a photo of himself holding the card and expressing enthusiasm for its release. He stated:

An XRP rewards credit card out in the world?! What a time to be alive, XRP family… Use the special edition Gemini card for everyday purchases, and earn up to 4% XRP back.

The Gemini Credit Card now includes a special XRP Edition, enabling users to receive up to 4% back in XRP on eligible purchases with no annual fee. New customers who spend $3,000 in the first 90 days will also receive a $200 XRP bonus, according to the exchange’s website.

Ripple CEO Brad Garlinghouse holding Gemini’s XRP credit card. Source: Brad Garlinghouse on X

Ripple’s chief technology officer, David Schwartz, echoed the excitement, posting: “Got my XRP belt on, wearing an XRP t-shirt, holding an XRP rewards credit card at XRPresso … someone pinch me?” Meanwhile, attorney John Deaton highlighted the strong support XRP holders have historically shown in the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple. Deaton suggested Gemini’s XRP card could quickly become the company’s most popular credit card, noting that recent download data showed Gemini’s app overtaking Coinbase’s. These reactions underscore the XRP community’s embrace of consumer-facing financial products tied to the token.

Gemini emphasized that XRP rewards accumulated and held for one year have historically delivered high returns, though it cautioned that future performance cannot be guaranteed. The card is available to residents in all 50 U.S. states and Puerto Rico, comes with no foreign transaction fees, and works with Apple Pay, Google Pay, and Samsung Pay. While critics stress the risks of tying spending rewards to volatile digital assets, advocates argue that crypto reward cards like Gemini’s XRP Edition give users an accessible way to integrate crypto into everyday financial activity.

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