Ripple Lands Third Korea Deal as XRPL Hosts 2M AI Payments
Ripple is expanding its presence in Korea, securing its third partnership in the country this year. Jeonbuk Bank has become the first regional bank in Korea to use Ripple Payments for cross-border transfers, marking a significant step forward in the company's global expansion plans.
This development follows previous partnerships with K Bank and Kyobo Life Insurance, further fueling the XRP Ledger's narrative around real-world adoption and payments infrastructure. Meanwhile, Ripple's AI narrative is gaining steam as RAVN Robotics deploys its RAVN token on the XRP Ledger, adding embodied AI and tokenized equity to the ecosystem.
The impact of these partnerships is being felt on-chain, with 2 million payments already processed between AI agents on the XRP Ledger. This marks a significant new utility for XRP, as AI agents require cheap and efficient payment rails that traditional cards cannot provide.