Gemini's XRP Credit Card Drives Record $8.5M Quarter, Leads Customer Engagement

Published at 2025-11-14 12:40:24

Gemini said its XRP credit card powered a record quarter, delivering $8.5 million in profit and outpacing other products in customer engagement and growth. The company attributes the lift to higher card usage and retention among users attracted to XRP rewards and integrated on‑ramp/off‑ramp features, making the card a standout revenue driver for the exchange.

The result underscores demand for crypto-native payment offerings and gives XRP greater visibility in everyday spending, while strengthening Gemini's monetization mix. Investors and competitors will watch whether this momentum continues as broader market conditions and regulatory developments evolve. For consumers, the performance signals increasing mainstream traction for card-based crypto rewards, though volatility and policy risks remain relevant considerations.

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Exodus has launched 'Exodus Pay,' enabling users to spend BTC directly from their self-custodial wallet. The update aims to make holding and spending Bitcoin more seamless without moving funds to custodial services.

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