Ripple’s Korean Expansion Reaches From Remittances to Government Bonds

Ripple’s Korean partnerships now connect cross-border business payments, bank-managed digital asset wallets, and blockchain-based settlement of government bonds. Its cooperation with Meritz Securities extends that strategy into capital markets, where regulated firms are preparing to use digital assets. Cross-border payments and government bond settlement anchor Ripple’s growing Korean institutional network, which now extends into the securities industry. The blockchain infrastructure provider outlined that expansion when it announced its Oct. 14 custody and tokenization partnership with Meritz Securities , identifying the South Korean securities firm as its fourth Korean institutional partner this year and its first in the brokerage industry.

Source: Bitcoin.com News