🚨 BREAKING 🚨
📉 XRP fell below the $1 level, making it the weakest major cryptocurrency over the past 24 hours and the past week.
🏦 Ripple expanded its presence in South Korea through a new partnership with Jeonbuk Bank, which will use Ripple Payments for cross-border business transfers.
⚡ The new payment system will provide near real-time, 24/7 international settlements, replacing traditional transfers that can take several days through the SWIFT network.
❓ Ripple did not confirm whether the new banking service will use XRP or the RLUSD stablecoin for settlements.
💰 Ripple has increasingly promoted RLUSD as its preferred institutional settlement asset, which may explain why new partnerships have not translated into higher XRP prices.
📊 Futures traders remain heavily bullish, with long positions outnumbering short positions by more than 3:1 on major exchanges despite growing negative sentiment across social media.
🔗 This is Ripple's third major partnership in South Korea in 2026, following previous agreements with banking and financial institutions earlier this year.
$XRP
#Xrp🔥🔥
📉 XRP fell below the $1 level, making it the weakest major cryptocurrency over the past 24 hours and the past week.
🏦 Ripple expanded its presence in South Korea through a new partnership with Jeonbuk Bank, which will use Ripple Payments for cross-border business transfers.
⚡ The new payment system will provide near real-time, 24/7 international settlements, replacing traditional transfers that can take several days through the SWIFT network.
❓ Ripple did not confirm whether the new banking service will use XRP or the RLUSD stablecoin for settlements.
💰 Ripple has increasingly promoted RLUSD as its preferred institutional settlement asset, which may explain why new partnerships have not translated into higher XRP prices.
📊 Futures traders remain heavily bullish, with long positions outnumbering short positions by more than 3:1 on major exchanges despite growing negative sentiment across social media.
🔗 This is Ripple's third major partnership in South Korea in 2026, following previous agreements with banking and financial institutions earlier this year.
$XRP
#Xrp🔥🔥