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TechFlow News, April 27: According to CoinDesk, South Korea’s internet bank KBank—also Upbit’s partner bank—has entered a strategic partnership with Ripple to launch a proof-of-concept (PoC) for on-chain cross-border remittance services. The pilot targets the United Arab Emirates and Thailand, aiming to enable faster and lower-cost cross-border transfers. The project has now entered its second phase of testing.
According to CoinDesk, South Korea’s internet bank KBank—also Upbit’s partner bank—has formed a strategic partnership with Ripple to launch a proof-of-concept (PoC) for on-chain cross-border remittance services. The PoC targets the United Arab Emirates and Thailand, aiming to enable faster and lower-cost cross-border transfers. The project has now entered its second phase of testing.
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