XRP Ledger transfers open to Singapore users

TLDR

Gemini has enabled native XRP Ledger (XRPL) deposits and withdrawals for its customers in Singapore, letting them move XRP on-chain instead of keeping it only inside the exchange.

1. Gemini users in Singapore can now deposit and withdraw XRP directly over XRPL, connecting Gemini accounts to external XRP Ledger addresses.
2. The feature fits into Singapores regulated payments environment and expands XRPs practical use there, but it is an infrastructure upgrade rather than a new trading product.
3. Users should watch adoption, any expansion to other Asian markets, and transfer details such as destination tags, which can affect whether funds arrive safely.

Deep Dive

1. What Changed For XRP In Singapore

Multiple reports confirm that as of 25 August 2026, Gemini has switched on XRP deposits and withdrawals via the XRP Ledger for Singapore customers, beyond the existing buy, sell, and custody support. Eligible users can now move XRP between Gemini accounts and compatible XRPL wallets, rather than relying only on internal exchange transfers, according to Coinspeakers coverage and Yahoo Finance.

Gemini did not announce new XRP trading pairs, fee changes, or minimum transfer sizes with this rollout. The change is specifically about connectivity to the underlying XRP Ledger network, as highlighted in a Crypto.news report.

2. Why This Matters In Singapores Regulated Setup

Singapore is one of Geminis two core international hubs, and Gemini Digital Payments Singapore holds in principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license, noted in the same Crypto.news article. Ripple has separately expanded its regulated payment activities under MAS, so XRPL transfers sit alongside growing institutional use of Ripple tech in the country.

This move strengthens XRPs utility for Singapore users who already trade it but previously had more friction when moving tokens to self custody or other XRPL venues. It is part of a broader expansion of XRP services on Gemini, including derivatives cross collateral support and XRPL transfers for Ripples RLUSD stablecoin, as detailed by Yahoo Finance.

3. What Users Should Watch Next

Gemini has not yet published targets for Singapore XRPL transfer volumes or firm timelines for rolling similar functionality out to other Asian markets. Monitoring future updates from Gemini on regional expansion and any MAS licensing milestones will show how durable this integration is.

Operationally, Geminis documentation stresses that XRPL deposits use a shared address plus destination tag model, and withdrawals to custodial wallets often require the recipient tag. Sources like Coinspeaker warn that sending XRP to an incorrect network or omitting a required tag can result in lost funds, making careful address and tag checks essential.

Conclusion

Geminis decision to open native XRP Ledger transfers for Singapore customers is a practical infrastructure upgrade that lowers friction for moving XRP on-chain within a regulated market. It reinforces Singapores role as an Asian hub for compliant crypto payments and XRP activity, while leaving trading and pricing dynamics largely unchanged in the short term. Over time, real impact will depend on how widely users adopt on-chain transfers and whether Gemini and Ripple deepen their regulated services across the region.