Jeonbuk Bank, a regional South Korean bank, has partnered with Ripple to implement Ripple Payments technology, enabling near real-time international business transfers. This replaces the traditional multi-day SWIFT system, allowing transactions to process within seconds to minutes, enhancing efficiency for companies with frequent cross-border payments. While specific details like pricing, supported routes, and launch timing remain undisclosed, this marks Ripple's third partnership in South Korea in 2026, following agreements with Kbank and Kyobo Life Insurance. The move highlights growing adoption of Ripple's payment infrastructure among Korean financial institutions, aiming to boost Jeonbuk Bank's digital finance capabilities and support international business growth.
XRP is trading near $1, defending a key support level despite recent bearish pressure and a 280% spike in large transactions over $1 million, signaling possible institutional accumulation. The SEC is exploring moving U.S. equities onto blockchain for...
XRP fell below $1, marking it the weakest major token recently, even as Ripple secured a new partnership with South Korea's Jeonbuk Bank for near real-time cross-border payments. The deal highlights Ripple's expansion in institutional adoption but do...
In August 2026, XRP saw a 280% surge in whale transactions exceeding $1 million within 24 hours, with over 38 such transfers recorded. This spike follows a week where whales accumulated more than 380 million XRP, indicating increased large-holder eng...
Bitcoin climbed above $64,000, marking the only major cryptocurrency with a notable daily gain while others slipped or stayed flat. Publicly listed bitcoin miners have reduced their computing power by 21% over three quarters to shift capacity towards...
Jeonbuk Bank has partnered with Ripple to implement Ripple Payments, enabling near real-time cross-border business remittances. This makes Jeonbuk the first regional bank in South Korea to use Ripple's payment infrastructure, aiming to speed up inter...
