Gemini plays the XRP card. Ripple token is part of Historical chips of crypto ecosystem And the Gemini platform decided to surf its popularity by launching a credit card that offers XRP rewards. It also seems that this initiative is also a great success, as it has allowed the Winklevoss Brothers platform to cross Coinbase in classification of the Apple App Store financial applications.
- Gemini launched a payment card with XRP rewards, powered by its application before Coinbase in the Apple App Store.
- The card in cooperation with MasterCard and Ripple Labs offers up to 4 % cashback in XRP without annual cost or transaction abroad.
Gemini’s card XRP caused sensation
A few days ago, Gemini Therefore, he announced the launch of a credit card in cooperation with Mastercard AND Ripple Labswho saves 4 % cashback in XRP in all purchases. The card is available in limited edition and metal and has no annual fees or transaction costs abroad.
This card woke up and enthusiasm considerable Undulating fans and users of cryptocurrencies in general. According to data from Sensor towerGemini has experienced a spectacular increase in download toAmerican App Storefrom the 20th to 16th place in the category financein front of Coinbase, which remained in 20th place.
What -flinder of of of GeminiTyler Winklevoss, commented on this performance on x by saying that “ cargo Accelerated. Term “Flippening” generally indicates the moment when a cryptomera exceeds another in terms of market capitalization or exchanged volumeIn this case, it is rather a reference to the fact that Gemini is catching up Corner base in terms of popularity.
Part of it, the boss of the ripple, Brad Garlinghouse was pleased with the situation in the message below: “XRP payment card available worldwide?” What a flourishing that will be alive, the XRP family… ”.
Hard competition between Krypto exchanges
Gemini AND Corner base are two of the largest platforms to replace cryptocurrency UNITED STATES. Both founded in 2012, they are known for their compliance and their security And they involve harsh competition in American territory to attract users and investors.
Corner base is currently Market leader According to CoinMarketcap with an average daily exchange capacity of $ 4.54 billion. Gemini Initial series with an average daily exchange rate of $ 382 million, but the Winklevii twins have excelled in recent months by multiplying innovative initiatives.
Gemini, new Coinbase competitor?
In addition to his XRP card, Gemini Recently, he also launched Stuking Service for Token Avax Avalanche and also the program Valuation For European financial institutions that use its Stablecoin Gusd. In addition, the exchange has filed an application forIpo With SEC, which could allow it to raise other funds to finance its growth.
The battle between Gemini and Coinbase is just beginning and XRP can be Gemini’s secret weapon to conquer the market. Or at least attract part of the XRP army that wouldn’t be that bad anymore! As far as Ripple and its token are concerned, they continue to play the lead roles in the crypt and the likely arrival of the ETF She could strengthen her presence in the third place in the ranking.
(Tagstotranslate) Coinbase