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Kbank partners with Ripple to trial blockchain-based overseas remittances amid South Korea's stablecoin rule discussions

Market News
27 Apr 2026
Cointelegraph
View Source
Bullish
pluang ai news

South Korean internet-only bank Kbank has partnered with blockchain payments firm Ripple to test blockchain-based overseas remittances. The trial aims to make cross-border transfers faster, cheaper, and more transparent using Ripple's network. This collaboration comes as South Korea prepares new regulations for stablecoins and digital assets, prompting financial firms to explore blockchain payment infrastructure ahead of formal legislation. The ongoing tests include linking customer accounts and conducting onchain transfers to countries like the UAE and Thailand.

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