Gemini Enables Direct XRP Deposits and Withdrawals for Singapore Users

Gemini's Singapore users can now deposit and withdraw XRP directly via the XRP Ledger, enhancing native XRPL support in a major Asian financial hub regulated by the Monetary Authority of Singapore.

This move comes amid a strong XRP price rally, driven by significant inflows into spot XRP ETFs and institutional interest. The XRP Ledger is also undergoing upgrades to support greater institutional use, signaling growing mainstream crypto integration.

Gemini co-founder Tyler Winklevoss announced the expansion of Gemini's services in Singapore, allowing customers to deposit and withdraw XRP through the XRP Ledger network, enhancing blockchain transfer capabilities beyond just trading and custody.