{"id":590208,"date":"2026-04-27T08:30:52","date_gmt":"2026-04-27T08:30:52","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=1292973"},"modified":"2026-04-27T08:30:52","modified_gmt":"2026-04-27T08:30:52","slug":"upbit-partner-kbank-tests-ripple-infrastructure-for-onchain-cross-border-remittances","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/27\/upbit-partner-kbank-tests-ripple-infrastructure-for-onchain-cross-border-remittances\/","title":{"rendered":"Upbit Partner KBank Tests Ripple Infrastructure for Onchain Cross-Border Remittances"},"content":{"rendered":"<div class=\"eth-editorial-banner\"> <img decoding=\"async\" class=\"eth-editorial-logo\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/11\/cnf2-scaled-1-1-1.png\" alt=\"Crypto News Flash\"> <span class=\"eth-editorial-text\">All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.<\/span> <\/div>\n<ul>\n<li><strong>KBank and Ripple are running a multi-phase proof-of-concept to test whether blockchain can improve the speed, cost and transparency of cross-border remittances.<\/strong><\/li>\n<li><strong>The second phase is now testing onchain remittance stability in a virtual setup, including transfer corridors involving the UAE and Thailand.<\/strong><\/li>\n<\/ul>\n<hr>\n<p>South Korea\u2019s KBank is moving deeper into <a href=\"https:\/\/www.crypto-news-flash.com\/blockchain\/\">blockchain-based<\/a> remittance testing through a new partnership with Ripple, a step that suggests the bank sees onchain settlement as more than a theoretical upgrade to legacy cross-border payments.<\/p>\n<p>According to&nbsp; <a href=\"https:\/\/www.news1.kr\/finance\/general-finance\/6149628\" rel=\"nofollow noopener\" target=\"_blank\">report<\/a>, the two companies are conducting a proof-of-concept designed to measure whether Ripple\u2019s infrastructure can improve remittance speed, lower costs and make transfers more transparent.<\/p>\n<p>The project has already moved beyond the earliest concept stage. KBank and Ripple reportedly completed a first phase in which they verified a wallet app-based remittance system. The work is now in a second phase, where the partners are testing remittance stability in a virtual environment by linking customer accounts and internal systems more closely to onchain payment flows.<\/p>\n<h2>UAE and Thailand are part of the next test corridors<\/h2>\n<p>The second-phase setup is not limited to domestic simulations. Reports say the partners are specifically examining transfers to countries including the United Arab Emirates and Thailand, two corridors that could offer a practical test of whether blockchain-based settlement can reduce friction by minimizing the role of intermediary banks.<\/p>\n<p>That matters because the remittance case for blockchain has always depended less on ideology than on operational gains. If a bank can move funds faster, with clearer tracking and fewer intermediaries, the value proposition becomes easier to defend inside a regulated financial institution.<\/p>\n<h2>Ripple\u2019s Palisade wallet is part of the live test<\/h2>\n<p>For this second verification stage, KBank is using Palisade, Ripple\u2019s software-as-a-service digital wallet. Local reporting says the product was chosen in part because it already meets international security standards and offers a quicker path to deployment than building a fully bespoke wallet and key-management system in-house.<\/p>\n<p>For Ripple, the partnership adds another banking proof point in Asia. For KBank, the test is more practical than symbolic. It is a way to see whether blockchain rails can actually improve remittances in the places where speed, compliance and cost still matter most.<\/p>\n<p> <a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. KBank and Ripple are running a multi-phase proof-of-concept to test whether blockchain can improve the speed, cost and transparency of cross-border remittances. The second phase is now testing onchain remittance stability in a virtual setup, including transfer corridors involving the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":590209,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[25],"class_list":{"0":"post-590208","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"tag-news"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/590208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=590208"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/590208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/590209"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=590208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=590208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=590208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}