Cookies.Necessary cookiesstay on.Analyticsis opt-in.Cookie Policy

What we store
Preferences such as your theme stay on your device. Google Analytics runs under Consent Mode and only measures fully when you choose Accept all. We run no advertising trackers. See the Privacy Policy.
Skip to main content
CoinBatmi
Vigilant Intelligence
Join

Kbank, not Jeonbuk Bank, is leading South Korea’s Ripple

  1. Home
  2. /News
  3. /Markets
  4. /Kbank, not Jeonbuk Bank, is leading South Korea’…
← All NewsCoinBatmiMarkets

Kbank, not Jeonbuk Bank, is leading South Korea’s Ripple Payments push

Markets·18 Aug 2026, 02:50 UTC·2 min readRIPPLE
CB
Reported by
CoinBatmi Newsroom
Verification
Multi-source
Evidence trailUpdated Aug 18, 2026, 2:50 AM UTC
  • 1CoinBatmi Newsroom
  • 2Crypto Briefing

Research and market information only — not financial advice. Report a correction or contact [email protected].

Market snapshot · multi-source
XRP (RIPPLE)$0.99418085-0.86% 24h
Market cap
$62.32B
24h volume
$878.26M
XRP market intelligence visualization for: Kbank, not Jeonbuk Bank, is leading South Korea’s Ripple Payments push. CoinBatmi editorial illustration.
CoinBatmi feature visual — market neutral — Kbank, not Jeonbuk Bank, is leading South Korea’s Ripple Payments push

According to Crypto Briefing on 2026-08-18, Kbank's Ripple partnership could accelerate blockchain adoption in South Korea's banking sector, challenging traditional payment systems. The post Kbank, not Jeonbuk Bank, is leading South Korea’s Ripple Payments push appeared first on Crypto Briefing .. CoinBatmi is publishing this as a source-grounded briefing because the report falls within our ongoing ripple coverage. The cited material is the basis for the facts in this update, while additional confirmation may still be needed.

The immediate takeaway is the subject identified in the headline, not an unsupported price prediction or a guaranteed market outcome. Readers should separate the source's reported information from interpretation, especially when the development concerns regulation, protocol activity, security, or another fast-moving part of crypto markets.

For traders and researchers, the useful next step is to follow the original source and look for primary documentation, official statements, filings, governance records, or other direct evidence that clarifies what happened. CoinBatmi will update the story if new verifiable information materially changes the understanding of the event.

Verification should focus on the original publication, the date and context of the reported event, and any later correction or clarification from the named source. Readers can also compare the report with official notices and independently reproducible market or protocol data. That process helps distinguish a developing lead from a confirmed update without turning limited evidence into a stronger claim than the source supports.

This briefing does not add an unverified transaction value, yield claim, price target, or timeline. Where the available report is limited, that limitation is intentional: preserving the distinction between a reported development and a confirmed fact is more useful than filling gaps with speculation.

The story remains relevant for readers tracking ripple. Continue to monitor the cited source, related official channels, and market data before making decisions based on the report. This article is an editorial summary of the linked external material and is not investment advice.

Key Takeaways
  • Kbank, South Korea's first internet-only bank, announced a Ripple Payments pilot on April 27, 2026, targeting Korea-UAE and Korea-Thailand corridors.
  • Social media claims that Jeonbuk Bank deployed Ripple Payments to replace SWIFT lack any public announcement or verifiable sourcing.
  • Jeonbuk Bank partnered with Nium in November 2023 for real-time remittances serving 2.5 million non-Korean residents in South Korea.
  • XRP traded at $0.998 with 24-hour volume of $796.7 million, up 0.9% on the day, per CoinGecko data.
  • The Kbank pilot represents one of the first confirmed deployments of Ripple's enterprise payment product by a licensed South Korean bank.

Frequently Asked Questions

+Did Jeonbuk Bank announce a Ripple Payments deployment?

No. Jeonbuk Bank has not issued any public announcement, press release, or verifiable confirmation of a Ripple Payments deployment. Its confirmed cross-border payments partnership is with Nium, announced in November 2023.

+What corridors does the Kbank Ripple pilot cover?

The Kbank pilot targets Korea-UAE and Korea-Thailand remittance corridors, according to the April 27, 2026 partnership announcement.

+How did XRP price react to the news?

XRP traded at $0.998 with a 0.9% gain in the 24 hours following the Kbank announcement, though the token was down 0.8% over the prior seven days, per CoinGecko data.

Reader desk

Discuss the signal

Verified readers · 2 comments per post / 24h

Checking your session…

No comments yet. Be the first verified reader to add context.

Related on CoinBatmi
  • XRP market page →
  • Market terminal →
  • News desk →
  • Ask Batmi AI →
Reading Progress
0%
Market Snapshot
BTC
ETH
SOL
Related Articles
Ripple News: Why Rakuten Wallet Is Betting XRP Solves Crypto’s SpeedMarkets · 2 minXRP Holders Can Trade Options on Derive With FXRP CollateralMarkets · 3 minBTC Technical Analysis: Momentum Builds Toward Key Resistance at $68KBitcoin · 3 min
Tags
#ethereum#eth price#crypto regulation#stablecoins#crypto news#crypto markets#ripple#general#markets#xrp
CoinBatmi

Real-time crypto intelligence. Live prices, desk news, on-chain data.

Explore
← PreviousHyperliquid Spikes 16% From Weekend Lows as ETF Demand Intensifies
Next →XRP, Bitcoin (BTC), Shiba Inu (SHIB) and Zcash (ZEC) Price Analysis