Ripple partners with Mastercard and WebBank to settle card transactions through XRPL

Ripple is planning to test the use of the RLUSD stablecoin in settling fiat card ￰1￱ new initiative is in partnership with Mastercard, WebBank, and Gemini, and will test the capabilities of the XRPL platform to handle mainstream ￰2￱ will collaborate with Mastercard, WebBank, and Gemini to test the capabilities of RLUSD for settling mainstream ￰3￱ XRPL platform will handle the transactions, which will settle fiat card ￰4￱ Swell: We’re collaborating with @Mastercard , WebBank, and @Gemini to introduce $RLUSD settlement on the XRP Ledger for fiat credit card payments, starting with the Gemini XRP Credit Card: ￰0￱ This initiative sets a new benchmark for institutional… ￰5￱ — Ripple (@Ripple) November 5, 2025 The partnership will enable on-chain settlements for transfers between Mastercard and WebBank, the issuer of the Gemini credit card. ‘ Through our partnerships with Ripple, Gemini, and WebBank, we’re using our global payments network to bring regulated, open-loop stablecoin payments into the financial mainstream, ’ said Sherri Haymond, Global Head of Digital Commercialization at ￰6￱ believes stablecoins can offer a high-security settlement layer, with full regulatory ￰7￱ tests link between banks and a blockchain settlement layer Ripple’s collaboration will be the first partnership between a regulated US bank and an on-chain settlement ￰8￱ partnership arrives soon after Erebor bank, a crypto-friendly entity, received preliminary approval for its ￰9￱ Gemini Credit Card already launched an XRP edition, serving as a model of integrating digital assets and traditional payment ￰10￱ the first time, a public blockchain will show its capacity to settle some of the credit card transaction load. ‘ Banks are uniquely positioned to bridge innovative blockchain technology with the stability of the traditional financial system, ’ said Jason Lloyd, President and CEO, ￰11￱ to Monca Long, President of Ripple, regulated stablecoins like RLUSD can enhance settlement, paving the way for other card ￰12￱ will grow its influence as an institutional settlement ￰13￱ already processes up to 1,500 transactions per second at a low ￰14￱ recently expanded to a total supply of $2B, growing more conservatively compared to other ￰15￱ actual RLUSD onboarding will be subject to additional regulatory approvals.

Later, the partners will plan the integration of the settlement processes of all ￰16￱ recovered after recent market crash Ripple’s native asset XRP remains in the top 10 of crypto ￰17￱ the most recent market downturn, XRP recovered to $2.31. Ripple’s main narrative was the ability of its platform to settle transactions at the speed of international banking. However, the platform has only settled retail ￰18￱ XRPL platform only carries retail transactions, with 7K daily active wallets in ￰19￱ chain carried around 20K daily active users in the past few ￰20￱ mindshare for Ripple’s token has also fallen by around 10% in the past ￰21￱ the long term, Ripple still aims to become influential as a global payment solution, though for now lagging behind other stablecoins like USDT and USDC, widely used for ￰22￱ your strategy with mentorship + daily ideas - 30 days free access to our trading program