XRP News: Gemini Deepens XRP Support With New Singapore Access

TLDR

• Gemini has enabled direct XRP deposits and withdrawals through the XRP Ledger for users in Singapore.
• The exchange already supports Singapore dollar funding and more than 70 cryptocurrencies for local customers.
• Gemini has expanded XRP support through derivatives collateral, XRP credit card rewards, and XRPL-based RLUSD transfers.
• XRP gained more than 50% over the past week, trading around the $1.47 to $1.52 range.
• Spot XRP ETF inflows reached about $40 million, while large wallets accumulated roughly 642 million XRP.

Gemini has expanded XRP services in Singapore, giving local users direct access to deposits and withdrawals over the XRP Ledger (XRPL). Gemini CEO Tyler Winklevoss announced the update on August 25 as the exchange continues to add more XRP-related services across Asia.

The move adds another XRP feature to Gemini’s Singapore platform, where users can already fund accounts in Singapore dollars. The exchange also lets customers trade and store more than 70 cryptocurrencies.

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