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International Business Times
International Business Times
Business

XRP Falls Below $1 for the First Time Since 2024, on Ripple's Biggest Korea Day

XRPUSD (Credit: IBTimes US)

On August 18, Ripple announced that Jeonbuk Bank had become the first regional bank in South Korea to deploy Ripple Payments for cross-border remittances, the company's third Korean institutional deal of 2026.

Within hours, XRP slipped below $1 for the first time since November 2024.

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