XRP Seoul draws more than 5,000 as Korean banks join Ripple panel

  • Kbank, Kyobo Securities, Woori Bank and Jeonbuk Bank joined Ripple’s XRP Seoul panel.
  • XRP traded near $1.49 as attendance exceeded 5,000, up from 3,000-plus last year.
  • Jeonbuk Bank became Korea’s first regional bank to deploy Ripple Payments in August.

XRP Seoul attracted more than 5,000 attendees in 2026, up from over 3,000 a year earlier, while XRP traded near $1.49. Kbank, Kyobo Securities, Woori Bank and Jeonbuk Bank joined Ripple on a panel focused on cross-border payments and tokenized deposits (bank deposits represented on blockchain). The gathering featured Ripple President Monica Long and RippleX senior vice president Markus Infanger. Kbank is preparing a second-stage remittance pilot to the UAE and Thailand using Ripple’s Palisade wallet software, after verifying a wallet app-based system. Kyobo Securities’ participation followed Kyobo Life Insurance’s Ripple-backed government bond settlement tokenization pilot. Woori Bank has no announced Ripple deal but recently signed with Moonpay on won-pegged stablecoins and cross-border corporate payments. Jeonbuk Bank deployed Ripple Payments, Ripple’s cross-border settlement service, in August as Korea’s first regional bank to do so.

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XRP Seoul draws more than 5,000 as Korean banks join Ripple panel - CoinPost Terminal