South Korea’s KBank and Ripple are teaming up to fix international money transfers
KBank, a South Korean digital bank that is the exclusive banking partner of cryptocurrency exchange Upbit, will test on-chain cross-border remittances with Ripple, the bank said on Monday. The two companies have completed the first phase of a proof-of-concept using a wallet-based remittance system and are currently in the second phase, testing the stability of…