Gemini adds XRP deposits and withdrawals via XRPL for Singapore users

Gemini has enabled native XRP transfers on the XRP Ledger (XRPL) for customers in Singapore. Effective August 25, users can move XRP between their Gemini accounts and external XRPL addresses, adding blockchain‑level deposits and withdrawals to the services already offered in the market.

What the new feature includes

Eligible Singapore users can now:

• Deposit XRP from self‑custody wallets or other platforms that support XRPL.
• Withdraw XRP directly to compatible XRPL addresses, using the required destination tag.
• Transfer XRP between Gemini accounts without relying on internal exchange balances.

Context and related offerings

Gemini already supports more than 70 cryptocurrencies for Singapore customers and allows funding in Singapore dollars. The XRP addition follows earlier expansions, such as:

• In‑principle approval for a Major Payment Institution license from the Monetary Authority of Singapore.
• Inclusion of XRP in Gemini’s derivatives cross‑collateral pool (alongside Bitcoin, Ether, Tether and Gemini Dollar) in July.
• Support for Ripple’s stablecoin RLUSD on XRPL, launched in December 2025.
• Previous launch of RLUSD deposits and withdrawals via XRPL.

Regulatory and operational background

Gemini holds in‑principle regulatory approval for a Major Payment Institution license in Singapore, though final approval has not been announced. The exchange has consolidated its international operations around the United States and Singapore, exiting several other regions and reducing its global workforce.

User considerations

Customers should verify the destination network, address, and any required destination tag before initiating transfers, as sending XRP to an unsupported address could result in loss of funds. Gemini did not announce changes to trading pairs, fees, or minimum transfer amounts alongside the rollout.

Future outlook

The impact of the XRPL integration will be measured by subsequent XRP deposit, withdrawal, and trading activity among Singapore users. No immediate price movement for XRP was linked to the announcement.