- Tyler Winklevoss announced Gemini’s native XRP Ledger transfers for Singapore users, expanding the exchange’s XRP support in Asia.
- Gemini’s XRP expansion follows its derivatives collateral feature, XRP rewards card and earlier XRPL support for RLUSD.
- Ripple’s Singapore activity includes BLOOM testing and a tokenized treasury settlement involving JPMorgan, Mastercard and Ondo Finance.
Gemini users in Singapore can now deposit and withdraw XRP directly through the XRP Ledger, Tyler Winklevoss said Aug. 25. The Gemini co-founder called the update “big news” for the XRP Army in Asia, adding native XRPL transfers to the exchange’s Singapore services without specifying an announcement time.
Singapore Users Gain Native XRPL Access
Gemini already lets Singapore customers fund accounts with Singapore dollars and trade over 70 cryptocurrencies. However, the new feature specifically supports XRP deposits and withdrawals through the XRP Ledger network.
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. Notably, JPMorgan, Ripple, Mastercard and Ondo Finance completed a cross-border tokenized treasury settlement using the XRP Ledger.
The transaction involved a U.S. dollar deposit into Ripple’s Singapore bank account. Meanwhile, 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 update follows several XRP-related moves from Gemini. In July, the exchange added XRP as cross-collateral for derivatives trading. Users could then use XRP alongside Bitcoin, Ether, USDT and GUSD.
Gemini and Ripple also launched an XRP edition of the Gemini Credit Card. The card offered XRP rewards, including up to 4% back on eligible purchases. Those purchases included 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. Winklevoss also urged the XRP Army to trade XRP perpetual contracts on Gemini in Europe on Nov. 5. In December 2025, Gemini added XRPL deposits and withdrawals for RLUSD.
However, Winklevoss once criticized XRP supporters in 2020. 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.
