Gemini Launches Solana Edition Credit Card with Staking Features
- Gemini’s new Solana edition credit card allows users to earn up to 4% back in SOL on eligible purchases.
- The card features automatic staking of SOL rewards, offering potential yields of up to 6.77% without manual transfers.
- Through the Vault Rewards program, cardholders can earn up to 10% back with select merchants based on spending thresholds.
- The card supports over 50 cryptocurrencies, including Bitcoin and Ether, and has no annual or foreign transaction fees.
- Gemini previously launched an XRP edition credit card that also offers up to 4% back in XRP.
This launch is part of Gemini’s strategy to integrate blockchain utility into everyday spending while expanding its rewards ecosystem for retail users interested in passive crypto accumulation.
With the ability to earn significant rewards and stake SOL directly from their accounts, Gemini positions itself as a competitive player in the cryptocurrency landscape.(Source)