Ripple Lands Third Korea Deal as XRPL Grows Across Payments and AI
Ripple's expansion into Korea is gaining momentum, with the company landing its third partnership in the country this year.
Jebonk Bank has become the first regional bank in Korea to utilize Ripple Payments for cross-border transfers, further fueling the XRP Ledger's (XRPL) narrative around real-world adoption and payments infrastructure.
The partnership is part of a larger trend of increasing global expansion for Ripple, with Europe being another key market where the company has made significant strides this year.
Ripple's AI narrative is also gaining steam, with RAVN Robotics deploying its RAVN token on the XRP Ledger. This adds embodied AI and tokenized equity to XRPL's ecosystem, further highlighting the potential of XRP in the field of artificial intelligence.
The impact of these partnerships can already be seen on-chain, with increasing liquidity and network activity driving higher auto-bridging and more utility for XRP.