Monday, June 14, 2021

First XRP Debit Card Is Going Live In the United States

GlobaliD, a digital identity platform that allows users to build a safe, private, and trusted community, is introducing the first XRP debit card backed by Mastercard.

As the report has it, the debit card will soon be available in the United States.

Read Also: XRP’s Global Volume Rose 300% In Fourth Quarter despite Trade Suspensions

GlobaliD tweeted, “Spend money. Get free XRP. It’s that simple. Introducing the XRP Card.”

Get Up To 5% Cashback in XRP

According to the report, the first 1000 users who join the waitlist stand the chance to earn 5% back in XRP on the first $10,000 spent within three months and 2% after at over 10.7 million merchants supported by Mastercard.

Read Also: Daniel Keem, Creator of DramaAlert Buys 1,000,000 XRP, Says XRP Is Going To $2 after Ripple-SEC Lawsuit

Also, the next 4,000 users to join the waitlist have an opportunity to earn 3% back in XRP on the first $10,000 spent within three months and 2% after. However, all other signups will still earn 2% back in XRP, but the offer is available for United States residents only.

Why this is Good News for XRP Holders in the United States

All XRP rewards can be received, hodled, and converted into users’ GlobaliD Wallet via Uphold.

Users are also opened to over 100 national and digital currencies and all XRP rewards can be spent anywhere Mastercard is accepted.

Howbeit, only United States citizens that are above 18 years old are eligible to apply for the XRP Mastercard debit card. Additionally, the fact that you joined the waitlist is not a guarantee that you will receive the card.

Read Also: XRP Unaffected By the Crypto Market Dump Ahead of Ripple’s First Pretrial Conference with SEC

Is Ripple Involved?

Although GlobaliD is part of the PayID Open Payment Coalition established in June 2020, Ripple has no involvement in this recent initiative.

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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