Crypto exchange Gemini has officially enabled native XRP Ledger (XRPL) deposits and withdrawals for users in Singapore, marking a significant upgrade in how traders can move XRP in and out of the platform. Announced on August 25, 2026, the feature allows eligible Singapore-based customers to transfer XRP directly between their Gemini accounts and external XRPL addresses, cutting out intermediaries and wrapped-token workarounds.
What Changed for Singapore Users
Gemini’s update gives local users a faster, blockchain-native rail for XRP transfers. Instead of relying solely on internal exchange movements or third-party bridges, users can now:
- Deposit XRP from self-custody wallets or other platforms directly to their Gemini account via the XRP Ledger.
- Withdraw XRP from Gemini straight to compatible XRPL addresses outside the exchange.
This means XRP can settle on-chain in seconds, leveraging the XRP Ledger’s typical three-to-five-second finality. For active traders, remittance users, and DeFi participants, that speed and directness reduce friction and counterparty risk compared to indirect transfer methods.
Gemini CEO Tyler Winklevoss confirmed the rollout, emphasizing that eligible Singapore users can now move XRP directly between Gemini and external XRPL addresses. The move is being viewed as a concrete step to deepen Gemini’s relationship with the XRP community in Asia, especially in a tightly regulated but crypto-friendly hub like Singapore.
Why Native XRPL Support Matters
Native transfers matter because they align the exchange experience with how the asset is designed to work on its own blockchain. With native XRPL support:
- Users interact directly with the XRP Ledger instead of relying on wrapped versions or synthetic representations.
- On-chain transparency improves, since deposits and withdrawals appear as standard XRPL transactions.
- Integration with XRPL-based applications and wallets becomes smoother for users who want to move between custodial and non-custodial environments.
For the broader XRP ecosystem, exchange-level native support in a major financial center like Singapore adds legitimacy and utility to the network. It also signals growing institutional comfort with XRPL as a settlement and liquidity layer, especially as regulated entities expand their digital asset offerings in the region.
Regulatory Context in Singapore
Singapore’s approach to crypto is strict but clear. The Monetary Authority of Singapore (MAS) requires payment service providers to meet robust anti-money laundering (AML) and counter-terrorist financing (CTF) standards.
Gemini Digital Payments Singapore received in-principle approval for a Major Payment Institution license in October 2024 and continues to work with MAS toward final licensing. The new XRPL transfer feature operates within this regulated framework. Singapore users must still comply with:
- Gemini’s applicable user requirements and eligibility checks.
- Travel Rule obligations for cross-border transfers.
- Deposit attestations and network-specific guidelines imposed by both Gemini and local regulators.
This tightly controlled rollout reflects Singapore’s preference for innovation that comes with strong compliance guardrails
How This Fits Into XRP’s Momentum in 2026
The Gemini announcement arrives amid broader positive momentum for XRP in 2026. Recent developments include:
- Strong inflows into XRP spot ETFs, with millions of dollars flowing into dedicated XRP ETF products over multi-day periods.
- Ongoing discussions around XRP’s potential role in institutional and even sovereign finance contexts, including talks about crypto reserves and large-scale debt strategies
- Continued activity on the XRP Ledger, including significant minting and burning of Ripple’s RLUSD stablecoin, showing active supply management on-chain.
In this environment, a top-tier exchange like Gemini enabling native XRPL transfers in Singapore reinforces XRP’s positioning as a practical, fast-settlement asset for both retail and institutional users.
What Users Need to Know
If you’re a Gemini user in Singapore and want to use the new XRPL transfer feature, keep these points in mind:
- Eligibility: The feature is available to eligible Singapore-based Gemini accounts that meet local regulatory and platform requirements.
- Network selection: When depositing or withdrawing, you must select the XRP Ledger network and use a valid XRPL address.
- Compliance checks: Expect standard KYC/AML checks, Travel Rule data collection for applicable transfers, and any additional attestations Gemini requires for XRPL transactions.
- Fees and limits: Network fees will apply as per XRPL norms, and Gemini may impose its own withdrawal limits and processing rules. Check the latest fee schedule in your account.
For users outside Singapore, this feature is not yet available. Gemini has not announced a timeline for extending native XRPL transfers to other jurisdictions, though the Singapore launch could serve as a template for future rollouts.
Why This Is a Big Deal for XRP Holders
For long-time XRP supporters, exchange-level native support has been a recurring request. Many platforms previously offered only internal ledger movements or indirect routes that didn’t fully leverage XRPL’s capabilities
By turning on native XRPL deposits and withdrawals in a regulated market like Singapore, Gemini:
- Validates XRPL as a production-ready network for institutional-grade transfers
- Makes it easier for users to combine custodial convenience with non-custodial control.
- Potentially encourages other exchanges and payment providers to follow suit with their own native XRPL integrations.
In practical terms, this lowers the barrier for Singapore-based traders, businesses, and developers to build strategies around XRP and the XRP Ledger, from fast remittances to DeFi and tokenization use cases.
Looking Ahead
Gemini’s move is unlikely to be the last XRPL-related development in 2026. With regulatory clarity improving in several jurisdictions and institutional interest in XRP ETFs and related products growing, infrastructure upgrades like this are a natural next step.
For now, Singapore users have a clearer, faster, and more direct way to move XRP on and off Gemini using the native XRP Ledger. If you’re based there and already using XRP, it’s worth reviewing your Gemini account settings and the latest XRPL transfer guidelines to start using the new feature safely and compliantly.
