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Ripple (XRP) Ranks Among Top by Trading Volume in South Korea, Overtaking Bitcoin... KakaoBank's XRPL Consideration and AI Payment Expectations

Ripple (XRP) is drawing strong trading interest in the South Korean cryptocurrency market, turning investors' attention back to the XRP ecosystem. ■ Trading Volume in Korea Outpaces Bitcoin and Ethereum According to U.Today, citing CoinMarketCap data, XRP recorded top-tier trading volume in the Ko

Wooil Shim
Staff Reporter
7 min read
Ripple (XRP) Ranks Among Top by Trading Volume in South Korea, Overtaking Bitcoin... KakaoBank's XRPL Consideration and AI Payment Expectations
CBC News

Ripple (XRP) is drawing strong trading interest in the South Korean cryptocurrency market, turning investors' attention back to the XRP ecosystem.

■ Trading Volume in Korea Outpaces Bitcoin and Ethereum

According to U.Today, citing CoinMarketCap data, XRP recorded top-tier trading volume in the Korean market, outperforming Bitcoin (BTC) and Ethereum (ETH). Even as corrective pressure continued across the broader global cryptocurrency market, XRP's price reportedly moved between $1.45 and around $1.52.

■ Seoul Event and Financial Sector Blockchain Discussions Fuel Trading Enthusiasm

The backdrop to the increased trading includes an XRP-related event held in Seoul and discussions of blockchain infrastructure within the Korean financial sector. During the event, discussions continued on payments, custody, and real-world asset tokenization using the XRP Ledger (XRPL), which analysts say expanded interest in the XRP ecosystem within the Korean market.

The article, citing material from Vet, a figure associated with the XRPL Foundation, reported that KakaoBank is reviewing the construction of its own blockchain infrastructure in the future, and that using XRPL for custody services and real-world asset (RWA) tokenization is among the topics under discussion. It was also noted that Woori Bank and K Bank have shown interest in XRP-related technologies. In addition, a hub concept for expanding the XRP ecosystem in Asia was reportedly unveiled at the Seoul event.

However, these developments should be distinguished from confirmed actual service adoption or final contracts. Between a financial institution's blockchain review stage and commercialization, numerous procedures remain, including regulatory approval, technical verification, and business feasibility assessments.

■ AI-Based Micropayments Also Cited as a Factor in Rising Trading Activity

Factors behind the increased trading were also raised in the AI-based micropayments sector, beyond the financial industry. Infrastructure startup t54.ai stated it is developing XRPL-based automated transactions and an AI agent payment system. The company claimed that XRPL-based autonomous transactions using the x402 protocol have exceeded 12 million. t54 representatives also reportedly explained plans to build infrastructure using XRP and the stablecoin RLUSD as payment means between AI agents during a panel discussion in Seoul.

■ Expanded Trading Volume ≠ Mid-to-Long-Term Price Gains... Watch for Volatility

Ultimately, the recent increase in XRP trading in the Korean market can be interpreted as the simultaneous highlighting of multiple themes beyond simple price movements: ▲the potential for blockchain adoption by domestic financial institutions ▲XRPL-based payment infrastructure ▲RWA tokenization ▲and AI agent payments.

However, expanded trading volume does not necessarily lead to mid-to-long-term price increases. If trading becomes concentrated in a specific country or exchange over a short period, price volatility could widen, making it necessary to distinguish between trading volume and actual network utilization.

[This article is informational content reconstructed from publicly available market data and overseas media reports. Cryptocurrencies are high-risk assets with extreme price volatility, and forecasts may differ from actual market movements. This article does not recommend buying or selling any specific cryptocurrency, and investment decisions and responsibilities rest with the investor. AI assistance was used in the writing and editing of this article.]

Wooil Shim
Staff Reporter

CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.