Dom Kwok, co-founder and COO of EasyA, recently conducted a poll on social media to assess interest in a credit card offering XRP cashback rewards. In response, Gemini quickly highlighted its existing credit card, which offers up to 4% in crypto rewards.
Co-founder Tyler Winklevoss personally encouraged XRP holders—often referred to as the “XRP Army”—to sign up for the card. However, instead of enthusiasm, his appeal was met with strong resistance from the community.
Calling on the @Ripple Army. Earn XRP back with the Gemini Credit Card
every time you swipe. https://t.co/twrp3HhhzL
— Tyler Winklevoss (@tyler) March 27, 2025
Old Feud Between Gemini and XRP Holders Resurfaces
The backlash stems from a history of friction between Gemini and the XRP community. In 2020, Winklevoss publicly dismissed XRP supporters as “dumb trolls” while Gemini refused to list the cryptocurrency on its exchange.
Although Gemini finally added XRP to its platform in 2023 following Ripple’s legal victory against the SEC, many in the XRP community remain unwilling to let bygones be bygones. One user sarcastically remarked, “Calling XRP holders dumb trolls and then expecting them to use your credit card? That’s peak irony.”
Winklevoss’ XRP Remarks Spark More Outrage
Adding to the tension, Winklevoss recently opposed the idea of including XRP in the U.S. government’s strategic crypto reserves. He argued that only assets with “hard money” qualities, like gold, should be considered.
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This statement further alienated XRP supporters, with one critic responding, “You mock XRP, but now you want our business? No thanks.” Others also pointed out Winklevoss’ continued reference to the asset as “Ripple” rather than XRP, a mistake seen as either ignorance or a lack of respect.
XRP Holders Prefer to Hold Rather Than Spend
Beyond the unresolved tension, many XRP investors are uninterested in using the token for everyday spending. Believing that XRP’s value will rise significantly in the future, they prefer to hold onto their tokens rather than use them for purchases.
Gemini initially launched its crypto rewards credit card in January 2021, but its attempt to attract XRP holders is proving difficult. With lingering resentment and fundamental differences in perspectives, the exchange faces an uphill battle in gaining the trust and support of the XRP community.
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 urged to do in-depth 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.
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