Gemini's XRP credit card has generated a record $8.5 million in quarterly revenue, with account numbers exceeding 100,000, according to the latest shareholder letter. The card has become a key driver of customer acquisition and engagement for the exchange.
The introduction of new card versions, including a Solana edition expected in October 2025, has significantly contributed to this growth. Gemini reported adding 64,000 new cardholders in the quarter, with transaction activity reaching over $350 million, marking a 102% increase from the previous quarter. The platform's credit cards are gaining popularity among both seasoned crypto users and newcomers.
Gemini's XRP Credit Card Boosts Revenue to $8.5M, Surpasses 100K Accounts
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