jeonbukbank

Ripple unveils a partnership with Jeonbuk Bank

#Ripple partners with Korea's #JeonbukBank to enable 24/7 settlement, completing cross-border transactions in seconds to minutes versus days for traditional SWIFT transfers. Through the partnership, Jeonbuk Bank will use Ripple Payments to provide faster remittance services to import-export firms, IT startups, and online content creators. The Jeonbuk Bank collaboration is Ripple’s third partnership in South Korea this year, following partnerships with #KyoboLife Insurance and #Kbank.

Ripple is a blockchain-based digital payment network and protocol that uses the #XRPLedger blockchain and $XRP . Ripple provides cross-border payment and crypto liquidity services to businesses.

👉 x.com/Ripple/status/2089533091853357138

🚨 Ripple strikes a blow at SWIFT.
A new giant in the Asian banking system has just derailed the traditional rails and fully embraced the blockchain era.
Jeonbuk Bank officially became the first regional bank in South Korea to integrate Ripple Payments, sending the old SWIFT system to the corner of history.
The goal? Cross-border international transactions for businesses in a matter of seconds, available 24 hours a day, 365 days a year.
This move is not an isolated event. It’s Ripple’s third institutional strike on South Korean soil this year, consolidating an unstoppable ecosystem alongside previous alliances with Kbank and Kyobo Life Insurance. Traditional banking isn’t just looking at crypto: it’s turning them into its new payments engine.
Institutional adoption is no longer a future promise—it’s happening right now in the world’s most advanced markets.
#Ripple $XRP #JeonbukBank #Blockchain