Quick overview

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Chief Technology Officer (CTO) David “JoelKatz” Schwartz and other top Ripple executives are testing the Ripple (XRP) powered MasterCard. According to Gemini CEO Tyler Winklevoss, Ripple’s Garlinghouse will receive “the whale limit” on his XRP card from the exchange.

 

He joked, “I’ve been told he’s good for it.”.The lead developer was photographed at the XPResso coffee shop in San Francisco, California, wearing an XRP embroidered T-shirt and other items.

JoelKatz marked a milestone in the adoption of the original altcoin by saying, “I got my XRP belt on, wearing an XRP T-shirt, holding an XRP rewards credit card at XRPresso; someone pinch me?”

The new card’s exclusive availability in the United States has also drawn criticism from some XRP holders. There is nothing particularly new about the product because Gemini has been offering XRP awards alongside its regular rewards for months.

Ripple (XRP) is currently facing favorable legal developments, including a $50 million settlement agreement with the US Securities and Exchange Commission (SEC). Additionally, by November 2025, America’s leading financial regulator will need to respond to a wave of ETFs based on bitcoin.

This could drive XRP to reach new all-time highs and make Ripple coin accessible to a broad range of traditional stock investors. After waiting seven years, Ripple (XRP) finally hit $3.165 more than a month ago.
The popular remittance altcoin has dipped back to exactly $3, but its daily spot volume remains over $6 billion. Ripple is competing for a slice of SWIFT’s $155 trillion market alongside Hedera (HBAR), Ripple recently partnered with the R3 Consortium.