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As Ripple’s Swell 2025 conference enters its second day, the firm he fell another great announcement about major partnerships with renowned payment giants: MasterCard, WebBank and Gemini.
The San Francisco-based blockchain firm took to X to announce the news of its latest collaboration, sparking excitement throughout the crypto community today.
Ripple to debut RLUSD credit card in XRPL
The partnership follows plans to introduce blockchain-based settlement for credit card transactions using RLUSDits stablecoin backed by the US dollar issued on the XRP Ledger.
According to the announcement, Ripple launched the initiative to test whether a regulated stablecoin can be used by a licensed US bank to settle traditional fiat payments on a public blockchain.
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Ripple says the initiative is designed to demonstrate faster and cheaper settlements between merchants and issuers without compromising compliance or transparency.
The XRP community had long anticipated major announcements like this that could foster the adoption of Ripple’s ecosystem assets: XRP and its stablecoin RLUSD.
The XRP community is praising Ripple’s big move
The move has sparked excitement in the crypto ecosystem, as it sees WebBank, the issuer of the Gemini Credit Card, using RLUSD to settle MasterCard transactions directly through the XRP Ledger.
Upon implementation, the project could become one of the first real-world examples of a US bank managing card settlements on a public blockchain with a regulated stablecoin like RLUSD.
In particular, the move seeks to bring the speed and efficiency of blockchain to the traditional payment system.
While this is one of the big announcements disclosed by Ripple during Swell 2025, the XRP community anticipates many major movements capable of fostering wider adoption for XRP and propelling its price towards a crucial recovery soon.
