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South Korea
2026-07-08 15:52:13

South Korea's K Bank Partners with Ripple to Test Blockchain-Based Cross-Border Remittances, Plans Palisade Wallet and Stablecoin Deployment in Phase Two

South Korean internet-only lender K bank signed a strategic partnership with Ripple on April 27 to trial blockchain-based remittance technology. The two-phase pilot will test transaction stability, deploy Ripple's Palisade digital wallet, and explore stablecoin transfers with partners in the UAE and Thailand by 2026.

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South Korea's K Bank Partners with Ripple to Test Blockchain-Based Cross-Border Remittances, Plans Palisade Wallet and Stablecoin Deployment in Phase Two