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New Credit Card Launch: Ripple Labs CEO Brad Garlinghouse announced a new credit card from Gemini that offers up to 4% rewards in XRP for various purchases, including gas and dining.
Card Features: The Mastercard-powered card has no annual fees, no fees for receiving cryptocurrency rewards, and is currently available only to U.S. users.
Welcome Bonus: Gemini is offering a "Welcome Bonus" of $200 in XRP for users who spend $3,000 within the first 90 days of using the card.
Market Update: As of now, XRP is trading at $2.89, down nearly 4%, while Mastercard shares closed slightly lower during the trading session.
