{"id":57002,"date":"2025-11-06T08:16:50","date_gmt":"2025-11-06T08:16:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=57002"},"modified":"2025-11-06T08:16:50","modified_gmt":"2025-11-06T08:16:50","slug":"mastercard-ripple-and-gemini-test-card-payments-on-xrp-ledger","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=57002","title":{"rendered":"Mastercard, Ripple and Gemini Test Card Payments on XRP Ledger"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Mastercard has joined forces with Ripple and Gemini to test a new way to settle credit card transactions using the RLUSD stablecoin on the XRP Ledger. <\/span><span data-preserver-spaces=\"true\">The plan would connect Gemini\u2019s credit card, <\/span><span data-preserver-spaces=\"true\">which <\/span><span data-preserver-spaces=\"true\">is<\/span><span data-preserver-spaces=\"true\"> issued<\/span> <span data-preserver-spaces=\"true\">through<\/span><span data-preserver-spaces=\"true\"> WebBank, to a blockchain-based system <\/span><span data-preserver-spaces=\"true\">where settlement happens<\/span><span data-preserver-spaces=\"true\"> using RLUSD <\/span><span data-preserver-spaces=\"true\">instead of<\/span><span data-preserver-spaces=\"true\"> the usual behind-the-scenes bank transfers.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The project <\/span><span data-preserver-spaces=\"true\">is expected<\/span><span data-preserver-spaces=\"true\"> to roll out in the coming months, once it clears regulatory reviews and participating partners are officially onboarded.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">A Regulated Stablecoin on a Public Ledger<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> isn\u2019t just another blockchain test. It would mark one of the first times a fully regulated U.S. bank steps into a public blockchain to settle fiat-based transactions. <\/span><span data-preserver-spaces=\"true\">For Mastercard, the move reflects<\/span><span data-preserver-spaces=\"true\"> a <\/span><span data-preserver-spaces=\"true\">growing interest in stablecoins that <\/span><span data-preserver-spaces=\"true\">follow compliance rules<\/span><span data-preserver-spaces=\"true\"> and <\/span><span data-preserver-spaces=\"true\">fit into<\/span><span data-preserver-spaces=\"true\"> existing payment rails.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Ripple Swell: We\u2019re collaborating with <a href=\"https:\/\/twitter.com\/Mastercard?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@Mastercard<\/a>, WebBank, and <a href=\"https:\/\/twitter.com\/Gemini?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@Gemini<\/a> to introduce <a href=\"https:\/\/twitter.com\/search?q=%24RLUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$RLUSD<\/a> settlement on the XRP Ledger for fiat credit card payments, starting with the Gemini XRP Credit Card: <a href=\"https:\/\/t.co\/36yoNBtM9f\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/36yoNBtM9f<\/a><\/p>\n<p>This initiative sets a new benchmark for institutional\u2026 <a href=\"https:\/\/t.co\/7UVhCTfuo0\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/7UVhCTfuo0<\/a><\/p>\n<p>\u2014 Ripple (@Ripple) <a href=\"https:\/\/twitter.com\/Ripple\/status\/1986117183580049546?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The XRP Ledger provides the public infrastructure to host these settlements, while RLUSD serves as the dollar-backed digital asset that moves between parties.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">How a Simple Swipe Could Settle on XRPL<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">The process starts when a user swipes their Gemini card. Instead of using traditional bank channels, you can complete the transaction on XRPL using RLUSD. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ripple\u2019s ledger would process and record the transfer, replacing <\/span><span data-preserver-spaces=\"true\">typical<\/span><span data-preserver-spaces=\"true\"> batch-based clearing with a more transparent <\/span><span data-preserver-spaces=\"true\">and<\/span><span data-preserver-spaces=\"true\"> direct alternative.<\/span>  <span data-preserver-spaces=\"true\">RLUSD is backed by U.S. dollars and short-term government securities<\/span><span data-preserver-spaces=\"true\">, and Ripple positions it as ready for institutional payment flows.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<h3><span data-preserver-spaces=\"true\">What This Means for Users and Payment Providers<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">For cardholders, not much will look different. You swipe your card, the system charges you, and the transaction appears as usual. The change happens under the hood.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_690c4f3be2771\" data-coin-id=\"xrp\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_690c4f3be2771-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_690c4f3be2771-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_690c4f3be2771-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_690c4f3be2771-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_690c4f3be2771-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_690c4f3be2771-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_690c4f3be2771-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_690c4f3be2771-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_690c4f3be2771-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_690c4f3be2771-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_690c4f3be2771-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_690c4f3be2771-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Institutions and issuers will <\/span><span data-preserver-spaces=\"true\">be testing<\/span><span data-preserver-spaces=\"true\"> whether this setup makes settlement faster, cheaper <\/span><span data-preserver-spaces=\"true\">and<\/span><span data-preserver-spaces=\"true\"> easier to audit.<\/span> <span data-preserver-spaces=\"true\">If successful, it<\/span><span data-preserver-spaces=\"true\"> could reduce friction across the network without <\/span><span data-preserver-spaces=\"true\">needing to overhaul<\/span><span data-preserver-spaces=\"true\"> the user experience.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">The Hurdles They\u2019ll Have to Clear<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">The entire effort is still a pilot, which means plenty of things could go sideways. Regulators still need to approve the setup. RLUSD will need enough liquidity to handle real settlement volume. XRPL <\/span><span data-preserver-spaces=\"true\">has to prove<\/span><span data-preserver-spaces=\"true\"> it can integrate smoothly with Mastercard\u2019s existing systems. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">And all of it needs to happen without creating new compliance or operational risks. How well each piece fits together will determine how far this idea goes.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h3><span data-preserver-spaces=\"true\">A Quiet Shift With Long-Term Potential<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">If this trial works as planned, it could set the stage for more mainstream adoption of blockchain in traditional finance. Payment giants have explored similar tech before, but this setup brings a regulated stablecoin and a public ledger into <\/span><span data-preserver-spaces=\"true\">the mix at the same time<\/span><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It gives traditional networks a chance to experiment with crypto-style settlement without diving into unregulated territory.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">A Glimpse Into the Future of Payments<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">This partnership doesn\u2019t mean every day<\/span><span data-preserver-spaces=\"true\">\u00a0card payments are moving to blockchain overnight, but it shows where things might <\/span><span data-preserver-spaces=\"true\">be headed<\/span><span data-preserver-spaces=\"true\">. <\/span><span data-preserver-spaces=\"true\">Mastercard, Ripple, <\/span><span data-preserver-spaces=\"true\">and<\/span><span data-preserver-spaces=\"true\"> Gemini testing RLUSD for settlement is more than a technical <\/span><span data-preserver-spaces=\"true\">trial<\/span><span data-preserver-spaces=\"true\">;<\/span> <span data-preserver-spaces=\"true\">it\u2019s a sign that legacy payments and public blockchain infrastructure may be closer to connecting than people think.<\/span><span data-preserver-spaces=\"true\"> The outcome could shape how digital dollars move between banks, merchants, <\/span><span data-preserver-spaces=\"true\">and<\/span><span data-preserver-spaces=\"true\"> consumers in the years ahead.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"editor-rtfLink\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Mastercard, Ripple, and Gemini are testing credit card settlement on the XRP Ledger using RLUSD, a dollar-backed stablecoin.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The pilot connects Gemini\u2019s WebBank-issued credit card to blockchain settlement, replacing traditional bank clearing with RLUSD transfers.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        This marks one of the first attempts to combine a regulated U.S. bank with a public blockchain for fiat-based settlement.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        If successful, issuers could gain faster settlement, lower costs and cleaner audit trails without changing how cardholders use their cards.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The pilot still needs regulatory approval, deeper RLUSD liquidity and smooth XRPL integration before it can scale.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/mastercard-ripple-and-gemini-test-card-payments-on-xrp-ledger\/\">Mastercard, Ripple and Gemini Test Card Payments on XRP Ledger<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mastercard has joined forces with Ripple and Gemini to test a new way to settle credit card transactions using the RLUSD stablecoin on the XRP Ledger. The plan would connect Gemini\u2019s credit card, which is issued through WebBank, to a blockchain-based system where settlement happens using RLUSD instead of the usual behind-the-scenes bank transfers. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-57002","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57002"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57002\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}