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

2 outlets - including Yahoo and Coindesk - are covering this story. 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.
Covered by 2 outlets
All coverage · 2 articles
Yahoo Finance News
·Aug 18, 13:59 UTC
XRP Falls Below $1 For First Time Since 2024
CoinDesk
·Aug 18, 05:34 UTC
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.