🚨 JB Bank expands in cooperation with Ripple
South Korea’s JB Bank is preparing to launch a cross-border personal remittance service to Southeast Asia— including Vietnam and the Philippines—using the “Ripple Payments” solution.
This will be followed by a corporate remittance service, with the possibility of adopting payments based on stablecoins by 2027.
The payment infrastructure provided by Ripple continues to strengthen its presence and deepen its integration into the real banking sector.
Confirmed facts summary:
• Core partnership: In August 2026, Jeonbuk Bank (part of South Korea’s JB Financial Group) announced a partnership with Ripple to use the Ripple Payments solution. It became the first regional Korean bank to adopt this solution for cross-border remittances.
• Expansion for personal transfers: According to reports issued around 2–3 October 2026, the bank is preparing to launch a personal remittance service (for individuals) to Southeast Asia, including Vietnam and the Philippines, using Ripple Payments. Some reports cite mid-December or December 2026 as a target date.
• Corporate transfers and stablecoins: After launching the personal service, it is expected that a service for businesses will follow. The bank is considering adopting stablecoin-based transfers in the first half of 2027 (or around 2027), subject to the availability of a legal framework$XRP
South Korea’s JB Bank is preparing to launch a cross-border personal remittance service to Southeast Asia— including Vietnam and the Philippines—using the “Ripple Payments” solution.
This will be followed by a corporate remittance service, with the possibility of adopting payments based on stablecoins by 2027.
The payment infrastructure provided by Ripple continues to strengthen its presence and deepen its integration into the real banking sector.
Confirmed facts summary:
• Core partnership: In August 2026, Jeonbuk Bank (part of South Korea’s JB Financial Group) announced a partnership with Ripple to use the Ripple Payments solution. It became the first regional Korean bank to adopt this solution for cross-border remittances.
• Expansion for personal transfers: According to reports issued around 2–3 October 2026, the bank is preparing to launch a personal remittance service (for individuals) to Southeast Asia, including Vietnam and the Philippines, using Ripple Payments. Some reports cite mid-December or December 2026 as a target date.
• Corporate transfers and stablecoins: After launching the personal service, it is expected that a service for businesses will follow. The bank is considering adopting stablecoin-based transfers in the first half of 2027 (or around 2027), subject to the availability of a legal framework$XRP
