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XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments

Jeonbuk Bank will use Ripple’s 24/7 cross-border payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD stablecoin.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 cross-border payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD stablecoin.

Why this matters

XRP is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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