Gemini Just Turned On Native XRP Ledger Transfers in Singapore

What happened

Gemini now supports XRP Ledger deposits and withdrawals for Singapore users, expanding access beyond trading and custody to external wallets. This means Singapore-based Gemini customers can now move XRP directly to and from external wallets on the XRP Ledger.

Confirmed

Global impact / market context

This is important because it makes XRP more useful and easier to move in Singapore, which means users have more flexibility. Easier transfers can attract more users and increase demand, potentially influencing XRP's value and wider adoption.

Analyst inference

This move by a major exchange signals growing interest in XRP. Such steps often encourage other platforms to broaden support, possibly increasing overall activity and the amount of XRP available for trading in regulated areas like Singapore.

Analyst inference

What to watch

1. Gemini now supports XRP Ledger deposits and withdrawals for Singapore users, a new functionality confirmed in the article. Confirmed
2. Watch whether other major exchanges will soon offer direct XRP Ledger transfers in Singapore to match Gemini's new capability. Proposed
3. If user adoption grows, XRP's trading activity may increase, possibly attracting more investor interest and influencing the asset's overall market presence. Analyst inference

Affected assets

• XRP — XRP

Evidence

• coinspeaker.com