Main US cryptocurrency trade Gemini seems to be on monitor to launch an XRP-themed card, in response to its Thursday publish on social media.
The trade has positioned a billboard in a busy industrial space of Manhattan as a way to promote the brand new product, which is slated to be launched on Aug. 19.
As reported by U.At this time, Gemini just lately teased the “subsequent period” of XRP rewards forward of the Thursday reveal.
Put together your baggage. pic.twitter.com/PuZPmaZXwZ
— Gemini (@Gemini) August 21, 2025
That stated, the newest announcement has attracted some backlash from the trade’s Bitcoin-centric customers, who’ve slammed the trade for actively promoting the token that they deem to be centralized.
Some XRP holders have additionally questioned whether or not the launch of the product (and the billboard in a busy neighbourhood of Manhattan) could have any impression on the worth of the Ripple-linked token, which has been struggling to choose up extra steam as of late.
Gemini’s XRP rewards program
The launch of Gemini’s XRP card comes after the trade additionally launched rewards for the favored Ripple-linked altcoin in March. This made it doable for the holders of the cryptocurrency to earn as much as 4% cashback with Gemini’s bank card.
Now, Gemini is particularly launching an XRP-centric bank card to additional cater to the neighborhood.
From haters to cheerleaders
Gemini’s newfound love for XRP is a comparatively latest phenomenon. In truth, Tyler Winklevoss, the co-founder of the main US cryptocurrency trade, has overtly feuded with the neighborhood behind the token after refusing to listing the token.
In truth, Gemini refused to listing XRP even after Ripple dangled $1 million in entrance of it, in response to the SEC’s criticism.
Nevertheless, following Ripple’s authorized victory, the trade moved to listing XRP in August 2023.