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Four major Korean banks join Ripple at XRP Seoul 2026, highlighting growing crypto adoption in finance.

Market News
03 Oct 2026
Bitcoin
View Source
Bullish
Four major Korean banks join Ripple at XRP Seoul 2026, highlighting growing crypto adoption in finance.

At XRP Seoul 2026, four South Korean banks—Kbank, Kyobo Securities, Woori Bank, and Jeonbuk Bank—shared a panel with Ripple, signaling increased collaboration between traditional finance and crypto technology. Kbank is advancing cross-border remittance pilots using Ripple's technology in the UAE and Thailand, while Kyobo Securities explores tokenized government bond settlements. Jeonbuk Bank has already deployed Ripple Payments, becoming the first regional Korean bank to do so. This event, attended by over 5,000 people, reflects South Korea's expanding interest in tokenization and digital assets, with regulatory changes expected in 2027 to support tokenized stocks and bonds.

XRP is trading at Rp26.470 on Pluang as of Oct 03, 2026 16:41 WIB, with a market cap of Rp1.673,28 trillion and a 1-day change of -3.51%. Despite the recent slight dip, XRP shows strong buy interest on Pluang, with 81% of order activity on the buy side and a typical hold time of 71 days. This trading activity coincides with growing institutional adoption in South Korea, highlighted by four major banks joining Ripple at the XRP Seoul 2026 event.

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