XRP Holds Above $1 as Ripple Signs Korea's First Regional Bank. Will It Move XRP?
Jeonbuk Bank will use Ripple Payments for cross-border remittances, giving business customers transfers that clear in seconds and cost about 87% less, Ripple said.
7 Articles
7 Articles
XRP Holds Above $1 as Ripple Signs Korea's First Regional Bank. Will It Move XRP?
Ripple announced an agreement with Jeonbuk Bank in Seoul on August 18, making it the first regional lender in Korea to deploy Ripple Payments. Jeonbuk’s business customers had been sending money over SWIFT, which is the messaging network banks have used for cross-border transfers since the 1970s, but a payment can take days. Meanwhile, Ripple ... XRP Holds Above $1 as Ripple Signs Korea’s First Regional Bank. Will It Move XRP?
XRP Holds Near $1 as Jeonbuk Bank Ripple Deal and XRPL 3.3.0 Vote Reshape Outlook
XRP is stuck around the $1.00 mark. A Korean regional bank just went live with Ripple Payments, and an AI… Read the original on XRP Stays Near $1 as Jeonbuk Bank Integrates Ripple for Cross-Border Payments. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Top Crypto Investor Says "I’m Starting to Hate XRP" Based On This Announcement
Ripple secured a significant institutional partnership on August 18. Jeonbuk Bank became the first regional bank in Korea to deploy Ripple Payments for cross-border remittances. However, this positive move has frustrated many in the community, including Crypto Bitlord (@crypto_bitlord7). He acknowledged the news, calling it “more good news for $XRP.” Then he noted that the asset had dropped below $1 despite the announcement, adding, “I’m slowly …
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move - Invest In Crypto News
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised $275 million. The crypto payment company revealed that South Korea’s Jeonbuk Bank became the country’s first regional lender to deploy Ripple Payments for cross-border business transfers, replacing SWIFT-based correspondent-bank transfers that can take days to reach recipients. Hours later, Ripple Prime closed an upsi…
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised $275 million. The crypto payment company revealed that South Korea's Jeonbuk Bank became the country's first regional lender to deploy Ripple Payments for cross-border business transfers, replacing SWIFT-based correspondent-bank transfers that can take days to reach recipients. Hours later, Ripple Prime closed an upsi…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium





