Ripple and XRPL Foundation Launch XRP Asia in Seoul as…
By Abdelaziz Fathi
AI summary of the source article
Ripple and the XRP Ledger Foundation have introduced XRP Asia, a dedicated regional entity aimed at fostering XRP Ledger development and adoption across Asia-Pacific. Unveiled during an event in Seoul, the organization is headed by former Hedera executive Sabrina Tachdjian and offers hackathons, developer support, learning resources, and funding networks. Although representatives from prominent institutions including Woori Bank and Kakao Bank took part in panel discussions, neither firm committed to deploying XRPL infrastructure. In contrast, JB Jeonbuk Bank recently deployed Ripple Payments for remittances, and Ripple continues to expand its footprint alongside the pending Nasdaq listing of XRP-focused treasury firm Evernorth Holdings.
Why it matters
XRP Asia formalizes Ripple's Asia-Pacific expansion strategy, aiming to translate institutional dialogue and developer outreach into active production deployments across the region.
Key facts
- Ripple and the XRPL Foundation launched XRP Asia in Seoul, led by former Hedera executive Sabrina Tachdjian.
- Woori Bank and Kakao Bank spoke at the event but did not join XRP Asia or commit to deploying XRPL infrastructure.
- JB Jeonbuk Bank is currently the first South Korean regional bank to deploy Ripple Payments for cross-border remittances.