Gemini Enables Native XRP Ledger Transfers in Singapore, Tyler Winklevoss Says
Key Takeaways
- •Gemini users in Singapore can now deposit and withdraw XRP directly through the XRP Ledger, although the announcement did not specify when the feature would become available.
- •Gemini's Singapore customers can already fund their accounts with Singapore dollars and trade more than 70 cryptocurrencies.
- •Gemini has expanded its XRP-related services in recent months, adding XRP as derivatives cross-collateral in July, launching an XRP rewards credit card offering up to 4% back, and enabling XRPL deposits and withdrawals for RLUSD in December 2025.
- •Singapore hosts several Ripple-linked initiatives, including Ripple's participation in the Monetary Authority of Singapore's BLOOM initiative to test RLUSD and a cross-border tokenized treasury settlement completed on the XRP Ledger by JPMorgan, Ripple, Mastercard and Ondo Finance.
- •Tyler Winklevoss's current backing of XRP contrasts with his earlier stance, as he criticized XRP supporters in 2020 and stated in March 2025 that XRP did not meet his strategic reserve standard.
Gemini co-founder Tyler Winklevoss announced on Aug. 25 that users in Singapore can now deposit and withdraw XRP directly through the XRP Ledger, extending the exchange's XRP support in Asia. Winklevoss said on X that the update is "big news" for the XRP Army in Asia. The rollout adds native XRPL transfers to the exchange's Singapore services, though the announcement did not specify a time for the feature's availability.
Singapore Users Gain Native XRPL Access
Gemini's Singapore customers can already fund their accounts with Singapore dollars and trade more than 70 cryptocurrencies. The new feature specifically supports XRP deposits and withdrawals processed through the XRP Ledger network.
The launch lands in one of Asia's most established regulated digital-asset markets. The Monetary Authority of Singapore licenses crypto service providers under its Payment Services Act, and the city-state has drawn both global exchanges and institutional blockchain activity.
Singapore also remains central to several Ripple initiatives cited in the update. Ripple joined the Monetary Authority of Singapore's BLOOM initiative to test RLUSD for cross-border trade, and JPMorgan, Ripple, Mastercard and Ondo Finance completed a cross-border tokenized treasury settlement using the XRP Ledger. That transaction involved a U.S. dollar deposit into Ripple's Singapore bank account.
Separately, the XRP Ledger has announced its 3.3.0 upgrade. The update includes amendments focused on privacy, tokenization and institutional use.
Gemini's Wider XRP Support
The Singapore launch follows a series of XRP-related moves by the exchange. In July, Gemini added XRP as cross-collateral for derivatives trading, allowing users to post it alongside Bitcoin, Ether, USDT and GUSD.
Gemini and Ripple also introduced an XRP edition of the Gemini Credit Card. The card offers XRP rewards, including up to 4% back on eligible purchases such as gas, electric vehicle charging and rideshare spending. Gemini said users who held their XRP rewards for at least one year saw them rise 453%. Winklevoss later joked about giving Ripple CEO Brad Garlinghouse a "whale limit" on the card.
On Nov. 5, Winklevoss urged the XRP Army to trade XRP perpetual contracts on Gemini in Europe. In December 2025, the exchange added XRPL deposits and withdrawals for RLUSD.
Winklevoss's recent support contrasts with his earlier stance: he criticized XRP supporters in 2020, and in March 2025 he said XRP, Solana and Cardano did not meet his strategic reserve standard. The latest Singapore update adds another XRP-related service to Gemini's platform, though the announcement did not indicate whether native XRPL XRP transfers would be extended to Gemini users in other markets.
