📰 Ripple partners with Jeonbuk Bank to launch Korea-focused remittances and custody - CHOSUNBIZ
🗓️ Oct 24 2026 00:05 UTC - Min Seo-yeon,Lim Hee-jae
Ripple partners with Jeonbuk Bank to launch Korea-focused remittances and custody Jeonbuk Bank to pilot Ripple-powered Southeast Asia remittances whil
➤ Ripple is partnering with Jeonbuk Bank to launch a new remittance service for foreign workers in Korea, aiming to improve speed and reduce fees compared to traditional SWIFT transfers.
➤ The service will initially use pre-funded dollars for remittances, with plans to incorporate stablecoins once regulatory frameworks are in place, and Ripple emphasizes its role as an infrastructure provider, not a competitor to banks.
➤ Ripple sees Korea as a key market for digital assets, focusing on institutional demand for custody, stablecoins, and tokenized securities, with plans to expand its investment and presence in the country.
#ripple #jeonbukbank #remittances #custody #korea #stablecoin #xrpledger #tokenizedsecurities #crossborderpayments #digitalassets
🔗 Read more at: https://rwatimes.io/articles/biz.chosun-ripple-partners-with-jeonbuk-bank-to-launch-korea-focused-remittances-and-custody-chosunbiz-256254339
rwatimes / RWATimes
npub1qz…w0p4g
2026-10-24 06:00:37 UTC
Author Public Key
npub1qz4zsh526h2e8vgceayhkqkuva2w5dzza35x9q7kcqwz3fn2ccuq3w0p4gPublished at
2026-10-24 06:00:37 UTCEvent JSON
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"content": "📰 Ripple partners with Jeonbuk Bank to launch Korea-focused remittances and custody - CHOSUNBIZ\n🗓️ Oct 24 2026 00:05 UTC - Min Seo-yeon,Lim Hee-jae\n\nRipple partners with Jeonbuk Bank to launch Korea-focused remittances and custody Jeonbuk Bank to pilot Ripple-powered Southeast Asia remittances whil\n\n➤ Ripple is partnering with Jeonbuk Bank to launch a new remittance service for foreign workers in Korea, aiming to improve speed and reduce fees compared to traditional SWIFT transfers.\n➤ The service will initially use pre-funded dollars for remittances, with plans to incorporate stablecoins once regulatory frameworks are in place, and Ripple emphasizes its role as an infrastructure provider, not a competitor to banks.\n➤ Ripple sees Korea as a key market for digital assets, focusing on institutional demand for custody, stablecoins, and tokenized securities, with plans to expand its investment and presence in the country.\n\n#ripple #jeonbukbank #remittances #custody #korea #stablecoin #xrpledger #tokenizedsecurities #crossborderpayments #digitalassets\n\n🔗 Read more at: https://rwatimes.io/articles/biz.chosun-ripple-partners-with-jeonbuk-bank-to-launch-korea-focused-remittances-and-custody-chosunbiz-256254339",
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