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‏🚨 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