Just now, XRP fell below $1.
Right after Ripple announced a partnership with Jeonbuk Bank in South Korea.
The third bank in South Korea. The third partnership this year.
But what about the price? It has tested the $1 mark for the ninth consecutive trading day. Down 73% from the July 2025 high of $3.65.
The more good news, the more the price falls.
Ripple is winning, but you can't feel it.
✅ Here’s the good news:
Jeonbuk Bank becomes the first regional bank in South Korea to deploy Ripple Payments
Cross-border settlements completed in seconds to minutes, replacing the days-long SWIFT process
Operates 24/7, covering over 60 markets
The third Korean institutional partnership this year—previously KBank and Kyobo Life
Ripple’s Managing Director for Asia Pacific said: "This reflects the growing momentum we see in Korea's institutional finance sector."
Sounds impressive, right?
❌ But the old problem remains unsolved:
First, what is used for settlement?
The announcement mentions "stablecoin cross-border settlement," but does not specify whether XRP, RLUSD, or fiat currency is used.
CoinDesk directly asked Jeonbuk Bank if XRP is used for fund flows—Ripple did not respond.
Second, the previous example is right there.
KBank’s pilot used stablecoin settlement, not XRP.
Ripple has been promoting RLUSD as the institutional settlement asset over the past year.
Every partnership confirms using Ripple’s infrastructure, but none confirm using XRP.
🤔 The core contradiction in one sentence:
Ripple is expanding its territory, but XRP holders are losing money.
The more institutional partnerships, the more blurred the "bridge asset" narrative for XRP becomes.
If all banks settle through RLUSD and fiat channels—then where is XRP’s value?
🔥 What do you think?
Will Ripple’s institutional expansion ultimately drive XRP,
or will XRP be completely marginalized by RLUSD and fiat channels?
$ETH$BTC$XRP#韩国全北银行接入Ripple，XRP能否受益
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