South Korea's KBank and Ripple are teaming up to fix international money transfers

Burns Brief

KBank is using Palisade, Ripple's software-as-a-service wallet that was acquired earlier this year as part of Ripple's $4 billion in crypto-related investments Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $XRP for reaction — a decisive move above or below key levels will confirm the next trend.