Key facts
- Girin Labs announced its XRPL-native crypto payment card.
- The card is named Girin Card.
- Girin Card is a self-custody solution.
- Girin Card is built on the XRP Ledger.
- Girin Card has secured a Money Services Business (MSB) registration.
- The registration was granted by the U.S. Treasury’s FinCEN.
- The MSB registration allows compliant conversion and settlement of crypto assets for real-world payments.
- The license permits handling of XRP and RLUSD.
Girin Labs has successfully obtained a Money Services Business (MSB) registration from the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) for its XRPL-native crypto payment card, Girin Card. This self-custody card, built on the XRP Ledger, is now authorized to facilitate the compliant conversion and settlement of cryptocurrency assets for real-world payment transactions. The license specifically allows for the handling of digital assets including XRP and RLUSD. This development marks a significant step for Girin Labs in integrating digital assets into traditional payment systems.