24-8-2025 – Ripple has established a substantial credit facility with cryptocurrency exchange Gemini that could reach $150 million, according to new IPO filings that reveal the payments company’s aggressive push into comprehensive financial services.
The credit agreement allows Gemini to request loans starting at $5 million each, with an initial cap of $75 million. Beyond that threshold, additional lending may involve Ripple’s USD-denominated stablecoin, subject to mutual consent. The arrangement represents one of the clearest indicators yet of Ripple’s transformation from a payments-focused company into what Dragonfly Capital investor Omar called a “full-stack financial services firm” centered around XRP.
The credit deal forms part of Ripple’s broader strategy to integrate lending, payments, and token infrastructure into a unified ecosystem. Recent acquisitions underscore this ambition: the company agreed to purchase payment provider Rail for $200 million last month to strengthen real-world settlement capabilities, while its acquisition of Hidden Road adds prime brokerage services to the platform.
These moves position Ripple to compete directly with traditional financial conglomerates by offering end-to-end services including trading, borrowing, settlement, and tokenization. The integration of XRP Ledger’s EVM compatibility further enhances institutional access to the ecosystem.
Industry observers will watch whether Ripple’s consolidated service offerings can drive increased XRP adoption and potentially support the token’s price momentum as the company executes its financial services expansion.
