The world of digital assets continues to evolve, and Gemini is at the forefront of expanding access to innovative blockchain technologies. We’re excited to announce the addition of the XRP Ledger (XRPL) to Gemini’s growing list of supported blockchain networks. This integration marks a significant milestone in broadening user access to fast, scalable, and energy-efficient decentralized payment solutions.
Starting now, XRP — the native cryptocurrency of the XRP Ledger — is available for trading on Gemini’s API/FIX and ActiveTrader platforms with USD trading pairs. Additionally, users on the Gemini mobile app and website can trade XRP against USD, GBP, EUR, CAD, SGD, HKD, and AUD.
👉 Discover how you can start trading XRP with low fees and high security today.
Why the XRP Ledger Matters
The XRP Ledger (XRPL) stands out in the blockchain ecosystem due to its unique design focused on speed, scalability, and sustainability. Unlike traditional blockchains that rely on energy-intensive consensus mechanisms like Proof-of-Work (PoW), XRPL uses a consensus protocol called the Ripple Protocol Consensus Algorithm (RPCA) — often referred to as Proof-of-Authority (PoA) in broader blockchain discussions.
In this model, network nodes achieve consensus by relying on a trusted set of validators. Each node maintains a Unique Node List (UNL) — a curated group of validator nodes deemed reliable. These lists help ensure network integrity and prevent malicious activity without requiring mining or staking.
Users can either create their own UNLs or adopt default lists recommended by trusted organizations such as the XRPL Foundation, Ripple, and XRPL Labs. This hybrid approach balances decentralization with operational efficiency, making XRPL one of the most environmentally friendly blockchains in the industry.
XRP: A Digital Asset Built for Global Payments
XRP is the native token of the XRP Ledger and plays a crucial role in facilitating fast and low-cost transactions across borders. It was specifically designed to address inefficiencies in traditional financial systems, particularly in cross-border payments and remittances.
Financial institutions and payment providers use XRP as a bridge currency to move value between different fiat currencies without holding pre-funded accounts in multiple regions. For example, instead of maintaining USD balances in Europe or EUR balances in Asia, institutions can convert funds into XRP instantly, transfer them across the ledger in seconds, and convert them into the destination currency — all at a fraction of the cost and time compared to legacy systems like SWIFT.
This utility has made XRP a preferred choice for fintech companies and banks exploring next-generation settlement infrastructure. With growing adoption and regulatory clarity emerging globally, XRP continues to gain momentum as a practical solution for real-world financial challenges.
Gemini’s Commitment to Innovation and Security
By integrating the XRP Ledger, Gemini now supports 13 major blockchain networks, including Bitcoin, Ethereum, Solana, Polygon, Avalanche, and others. This expansion reflects our ongoing mission to empower users with secure, compliant, and accessible tools to participate in the digital economy.
Gemini users can now:
- Buy, sell, and store XRP directly within their accounts
- Trade XRP against multiple fiat currencies across web and mobile platforms
- Benefit from institutional-grade security and regulatory compliance
While XRP is fully supported on Gemini’s exchange platform, please note that it is currently available in Gemini’s exchange wallet only and not yet supported in Gemini Custody.
Frequently Asked Questions (FAQ)
Q: Is XRP available for trading on all Gemini platforms?
Yes. XRP is available for trading on Gemini’s API/FIX and ActiveTrader platforms with USD pairs. On the Gemini mobile app and website, it supports trading against USD, GBP, EUR, CAD, SGD, HKD, and AUD.
Q: Can I store XRP in Gemini Custody?
No. As of now, XRP can only be held in Gemini’s exchange wallet. It is not supported in Gemini Custody services.
Q: What makes the XRP Ledger different from other blockchains?
The XRP Ledger uses a unique consensus mechanism (RPCA) that does not require mining or staking. It achieves fast finality — typically under 5 seconds — with minimal energy consumption, making it highly scalable and eco-friendly.
Q: Why did Gemini choose to support the XRP Ledger?
Gemini evaluates each blockchain based on security, decentralization, real-world utility, and regulatory compliance. The XRP Ledger meets these standards and offers clear use cases in global payments and financial inclusion.
Q: Is XRP a security?
Gemini treats all digital assets in compliance with applicable laws and regulations. Our support for XRP follows thorough legal review and aligns with our commitment to operating a regulated crypto exchange.
👉 See how easy it is to get started with XRP trading on a trusted global platform.
The Future of Finance is Open
Supporting the XRP Ledger is more than just adding another blockchain — it’s about advancing financial freedom. At Gemini, we believe in unlocking new possibilities for individuals and institutions alike through transparent, secure, and innovative technology.
As cross-border transactions become faster and more efficient, digital assets like XRP are playing an increasingly vital role in reshaping global finance. Whether you're an individual sending money abroad or an institution optimizing liquidity management, the tools are now available to do so efficiently and affordably.
We’re proud to offer our users access to one of the most battle-tested and high-performance blockchains in existence today.
👉 Start exploring high-speed digital assets with advanced trading features now.
Final Thoughts
The integration of the XRP Ledger into Gemini’s ecosystem underscores a shared vision: building a more inclusive and efficient financial future. With strong developer support, real-world adoption, and sustainable architecture, XRPL represents a compelling alternative to traditional financial rails.
As the crypto landscape matures, platforms like Gemini continue to lead by offering secure access to diverse networks while maintaining strict compliance standards. Whether you're new to crypto or managing a diversified portfolio, now is an excellent time to explore what XRP and the XRPL can offer.
Stay tuned for more updates as we continue expanding our network support and enhancing your trading experience.
Last updated: August 16, 2023
Core Keywords: XRP Ledger, XRP, blockchain network, cross-border payments, digital asset trading, cryptocurrency exchange, decentralized finance, fast transactions