By Isaac • August 19, 2026 11:07 am •
Ripple just put two more pieces of institutional financial infrastructure on the board.
One is a new banking deployment in South Korea. The other is a fresh round of conventional financing for Ripple Prime.
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Together, they make Ripple a more serious presence inside the plumbing used to move money and finance trades.
But there is an important catch for XRP holders: a win for Ripple the company is not automatically a burst of demand for XRP the asset.
According to CryptoSlate, Jeonbuk Bank has become South Korea’s first regional bank to deploy Ripple Payments for cross-border business transfers.
The service is aimed at customers such as import-export companies, technology startups and online content creators. Ripple says
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