Breaking: Ripple, Mastercard, Gemini Partner to Enable RLUSD Stablecoin Settlement for Fiat Cards

Paul Adedoyin
2 hours ago
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Highlights

  • Ripple collaborates with Mastercard and Gemini testing the RLUSD stablecoin settlement of fiat card payments.
  • The partnership seeks to provide quicker, clear, conformable blockchain payment between Mastercard and WebBank technology.
  • Ripple is on a roll following a year of impressive expansion that saw it raise $500 million.

Ripple has revealed a new collaboration with Mastercard, WebBank, and Gemini. The move is to introduce stablecoin settlement on the customary fiat card payments. The move introduces blockchain-based settlement to a familiar payment product used by mainstream consumers.

RLUSD Pilot Targets Faster, Compliant Card Settlement

According to the official statement, the collaboration will use Ripple’s RLUSD stablecoin on the XRP Ledger. It will also support settlement for the Gemini Credit Card.

The update was revealed during Ripple Swell 2025. Ripple said the initiative sets a new standard for institutional settlement by combining regulated digital assets with established financial infrastructure.

The companies will explore how RLUSD can settle transactions between Mastercard and WebBank, which issues the Gemini Credit Card. Ripple said the project aims to make settlement faster, more transparent, and fully compliant.

The partners want to show that stablecoins can improve traditional payment flows without disrupting user experience. Early work will focus on onboarding RLUSD to Mastercard and WebBank settlement systems. This phase still requires regulatory clearance.

Mastercard said the collaboration reflects its approach to regulated digital assets. The company noted that strong consumer protection and clear compliance remain central to every stablecoin integration.

Mastercard said this partnership helps it test open-loop stablecoin settlement while maintaining the same safety standards used across its global network. The latest move follows a period of rapid momentum for Ripple. The company just secured $500 million in funding after a year of record growth.

WebBank said banks can help connect blockchain technology with traditional finance. The bank believes stablecoin settlement can help institutions move funds more efficiently while preserving reliability. WebBank added that this collaboration allows it to explore the next stage of digital settlement with trusted partners.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
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