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Gemini Enables Direct XRP Ledger Deposits and Withdrawals in Singapore

Guavy AI Editorial Team
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Gemini has enabled direct XRP Ledger deposits and withdrawals for its users in Singapore, marking a significant move to deepen its relationship with the token's community in Asia.

The update, announced by Gemini CEO Tyler Winklevoss on August 25, gives local traders a faster way to move XRP in and out of the platform, eliminating the need to rely on wrapped versions or third-party rails.

This development is part of a string of XRP-focused moves made by Gemini over the past two months, including adding XRP as cross-collateral for derivatives trading and collaborating with Ripple on an XRP edition of the Gemini Credit Card.

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