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Home›Crypto›Market Structure›Jeonbuk Bank plans to use Ripple for cross-border paym…

Jeonbuk Bank plans to use Ripple for cross-border payments

Cointelegraph reports Ripple will provide its cross-border payments platform to Jeonbuk Bank, though the article does not disclose launch timing or the settlement asset.

Reported · Written up by our desk · Market Structure

Cointelegraph reports that South Korea’s Jeonbuk Bank is tapping Ripple to support cross-border payments.

Ripple is set to bring its cross-border payments platform to Jeonbuk Bank, expanding the bank’s planned use of Ripple-related payment technology.

The report says key implementation details remain undisclosed, including when the effort will launch and which settlement asset will be used.

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Sources

CointelegraphSouth Korea’s Jeonbuk Bank taps Ripple for cross-border payments

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