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XRP Asia launches in Seoul with Korean banks to boost XRP adoption and cross-border payments.

Protocol Fundamentals
03 Oct 2026
Coingape
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Bullish
XRP Asia launches in Seoul with Korean banks to boost XRP adoption and cross-border payments.

XRP Asia officially launched on October 3, 2026, during Korea Blockchain Week in Seoul, with major Korean banks like Woori Bank and Kakao Bank participating alongside Ripple. The new regional body aims to accelerate adoption of the XRP Ledger across Asia, supporting builders and integrating banks into the network. This launch coincides with important XRP Ledger protocol upgrades that enhance banking features, such as Permission Delegation and Batch transactions, enabling more secure and efficient cross-border payments. The initiative builds on existing deployments like Jeonbuk Bank's real-time Ripple Payments and reflects growing institutional and retail interest in XRP in the region.

As of Oct 03, 2026 14:21 WIB, XRP trades at Rp26.516 on Pluang, showing a 1-day decline of 2.60%. Despite this dip, XRP maintains a strong market cap of Rp1.676,5 trillion and high trading interest with 81% of Pluang orders on the buy side. The typical hold time for XRP investors on Pluang is 71 days, indicating a committed retail base amid the recent expansion of the Ripple ally network in Asia.

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