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

CoinDesk· Shaurya Malwa· Aug 18, 2026 · 5:34 AM
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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