Gemini has switched on direct XRP deposits and withdrawals over the XRP Ledger for its users in Singapore, marking one of the exchange’s most concrete moves yet to deepen its relationship with the token and its community in Asia. The update, confirmed by Gemini CEO Tyler Winklevoss on August 25, 2026, gives local traders a faster, native way to move XRP in and out of the platform rather than relying on wrapped versions or third-party rails.
Summary
Key takeaways
- Gemini now lets users in Singapore deposit and withdraw XRP directly through the XRP Ledger (XRPL).
- Tyler Winklevoss announced the update on X on August 25, 2026, calling it “big news for the Ripple Army in Asia.”
- In July 2026, Gemini added XRP as a cross-collateral option for derivatives trading alongside BTC, Ether, USDT and GUSD.
- Gemini and Ripple already offer an XRP edition of the Gemini Credit Card, paying up to 4% back in XRP on select purchases.
Gemini launches direct XRP Ledger deposits and withdrawals in Singapore
The core of this week’s news is straightforward: Gemini’s Singapore users can now transact XRP directly through the XRP Ledger, cutting out extra steps that previously stood between them and the network. This is the kind of infrastructure change that rarely makes headlines on its own, but it matters because it signals how seriously Gemini is treating XRP as a settlement asset rather than just another listed token.
Announcement by Gemini CEO Tyler Winklevoss
Winklevoss made the announcement himself rather than leaving it to a corporate blog post, a detail that says something about how personally invested he’s become in the asset’s growth. “Big news for the Ripple Army in Asia,” he wrote on X, a phrase he’s used before to describe XRP’s loyal following in the region. It’s a small line, but it fits a pattern: Winklevoss has increasingly positioned himself as a public cheerleader for XRP, not just an executive announcing a feature.
Targeting local users with expanded XRP access
The rollout is specifically aimed at the Singapore market, one of Asia’s more active crypto trading hubs and a region where Ripple has cultivated a strong retail and institutional following for years. By enabling native XRPL transfers there, Gemini is effectively meeting that existing demand rather than trying to create it from scratch. This is a market-specific launch, and Gemini has not indicated whether or when similar functionality might reach users elsewhere.
Recent XRP product integrations at Gemini
The Singapore rollout doesn’t stand alone — it’s the latest step in a string of XRP-focused moves Gemini has made over just the past two months. Together, they paint a picture of an exchange steadily building XRP into its core product stack rather than treating it as a peripheral listing.
XRP as cross-collateral for derivatives trading since July 2026
Back in July 2026, Gemini gave derivatives traders the option to use XRP as cross-collateral, putting it in the same bracket as BTC, Ether, USDT and GUSD. That move alone elevated XRP’s status on the platform, since collateral eligibility is typically reserved for assets an exchange considers liquid and stable enough to back leveraged positions. Pairing that with this month’s XRPL deposit and withdrawal feature suggests Gemini sees XRP as infrastructure, not just a trading pair.
Gemini XRP Credit Card collaboration with Ripple
Gemini has also teamed up with Ripple on an XRP edition of the Gemini Credit Card, a product that lets cardholders earn rewards directly in XRP. Spending in categories like gas, EV charging and rideshare can earn up to 4% back in XRP, turning everyday purchases into a recurring, if modest, source of token accumulation. It’s a consumer-facing move that complements the more technical derivatives and ledger integrations, giving retail users another reason to hold the asset rather than just trade it.
Taken together, these three developments — the credit card, the collateral option, and now direct XRPL access in Singapore — show a deliberate build-out rather than a one-off announcement. For an exchange, expanding native blockchain support in a specific market is often a signal of where user demand is strongest, and Singapore’s crypto-friendly regulatory environment has made it a natural testing ground for this kind of expansion. Whether Gemini extends the same XRPL functionality to other regions remains an open question, but the pattern of the last two months suggests the exchange isn’t done adding XRP-related features.
FAQ
What new XRP services has Gemini introduced in Singapore?
Gemini now allows local users in Singapore to deposit and withdraw XRP directly via the XRP Ledger.
When did Gemini publicly announce the XRP Ledger integration in Singapore?
The announcement was made by Gemini CEO Tyler Winklevoss on August 25, 2026.
What other XRP-related products has Gemini recently integrated?
In July 2026, Gemini added XRP as a cross-collateral option for derivatives trading and collaborated with Ripple on an XRP edition of the Gemini Credit Card.
What are some examples of rewards offered by the Gemini XRP Credit Card?
Users can earn up to 4% back in XRP on eligible purchases like gas, EV charging, and rideshare spending.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.
