Ripple has announced a major step toward integrating stablecoins into traditional finance, revealing a collaboration with Mastercard, WebBank, and Gemini to support stablecoin settlements for fiat credit card payments. The announcement was made during Ripple Swell 2025 in New York and shared by the company on X, highlighting plans to use RLUSD, its stablecoin, on the XRP Ledger (XRPL) for blockchain-based settlement of card transactions. The initiative will enable RLUSD to facilitate settlement processes between Mastercard and WebBank, the issuer of the Gemini Credit Card . According to Ripple, this marks one of the first collaborations in which a regulated U.S. bank will settle traditional card transactions using a regulated stablecoin on a public blockchain. Ripple 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: https://t.co/36yoNBtM9f This initiative sets a new benchmark for institutional… pic.twitter.com/7UVhCTfuo0 — Ripple (@Ripple) November 5, 2025 Stablecoin Settlement Enters Mainstream Finance Ripple stated that the effort builds on its earlier work with Gemini and WebBank, which launched an XRP edition of the Gemini Credit Card in August. The new initiative extends that model by exploring how RLUSD can make card payment settlement faster and more transparent while maintaining compliance within the existing financial system. According to Ripple’s press release , Sherri Haymond, Global Head of Digital Commercialization at Mastercard, said the partnership uses Mastercard’s global network to bring “regulated, open-loop stablecoin payments into the financial mainstream.” She added that Mastercard’s approach emphasizes strong consumer protections, a level playing field, and full regulatory compliance. More Experts Weigh In Ripple President Monica Long said the collaboration demonstrates how “regulated digital assets like RLUSD can enhance settlement,” adding that the XRPL will continue to serve as the backbone for institutional use cases that improve financial services. WebBank CEO Jason Lloyd said banks can bridge blockchain innovation with traditional finance to enhance institutional payments using stablecoins, and Gemini CFO Dan Chen added that the partnership shows how stablecoin settlement can advance the Gemini Credit Card and integrate digital assets into consumer spending. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRPL and RLUSD Power the Settlement Network The XRP Ledger provides the infrastructure for this initiative, offering low costs and fast transaction processing. XRP continues to play a vital role in securing the network and enabling efficient transfers as Ripple expands the ecosystem with RLUSD. RLUSD is a U.S. dollar–backed stablecoin issued under the New York Department of Financial Services (NYDFS) Trust Company Charter. It is fully backed by cash and cash-equivalent reserves. Since launching in late 2024, RLUSD has grown to over $1 billion in circulation, supported by its integration in Ripple’s cross-border payment solutions and DeFi applications. Ripple and its partners plan to begin RLUSD onboarding on the XRPL in the coming months, pending regulatory approvals, before integrating it into Mastercard and WebBank’s settlement systems. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple Partners Mastercard to Bring RLUSD Credit Card Settlements to XRP Ledger appeared first on Times Tabloid .
