Ripple (XRP) announced a significant collaboration at the Swell 2025 event that will unite the worlds of traditional finance and 0 company plans to launch blockchain-based payment processing for fiat card transactions using the Ripple USD (RLUSD) stablecoin on XRPL (XRP Ledger), along with Mastercard, WebBank, and 1 initiative aims to enable blockchain-based payment settlement between Mastercard and WebBank, operating on RLUSD's XRPL platform. WebBank, as the issuer of the Gemini Credit Card, will be central to this 2 Haymond, Global Head of Digital Commercialization at Mastercard, summarized the purpose of the partnership: “Through our partnership with Ripple, Gemini, and WebBank, we are bringing regulated stablecoin payments into the financial mainstream using our global payment 3 are delivering real payment solutions today while exploring the future use cases of stablecoins, with strong consumer protections and full regulatory compliance.” Related News: BREAKING: Coinbase Announces It Will List a New Altcoin According to a press release, this move will mark a historic milestone as it marks the first time a U.
S.-regulated bank has settled traditional card payments via a stablecoin on a public 4 Lloyd, President and CEO of WebBank, noted that stablecoin integration will increase efficiency in the financial system: “This collaboration with Mastercard, Gemini, and Ripple demonstrates the potential of stablecoins like RLUSD to make corporate payments faster and more 5 the same time, we maintain the security and stability expected from banks.” Gemini CFO Dan Chen argued that the Gemini Credit Card played a key role in this transformation: “We've demonstrated how digital assets can be integrated into everyday spending through the Gemini Credit 6 we're proving how stablecoin settlement can be implemented in an active card program.” Ripple President Monica Long stated that this partnership will set an example for financial institutions: “Financial institutions around the world are realizing that blockchain and stablecoins are key to modernizing money 7 digital assets like RLUSD offer compliant and secure payment solutions while streamlining settlement processes.” Ripple's public blockchain network, XRPL, will form the technical infrastructure of this collaboration with its low-cost, fast and reliable transaction capacity. *This is not investment 8 Reading: BREAKING: Critical Development for Ripple (XRP) – They Announced a Partnership with Mastercard
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