Institutional platform: Ripple enables RLUSD stablecoin management
A new tool designed for companies and financial institutions significantly simplifies the creation, management and redemption of the RLUSD stablecoin within a single integrated platform. This technological shift comes at a crucial time, when Ripple’s cryptocurrency, less than a year after its launch, is firmly establishing itself among the ten largest US dollar stablecoins and expanding its use across the market.
South Korean banking unit KB Kookmin connects JPMorgan’s blockchain with the SWIFT network
Can the connection of a private institutional blockchain and a traditional banking network accelerate international trade? South Korea’s KB Kookmin Bank, which manages assets worth more than 550 billion USD, will launch a new wholesale settlement system for corporate importers and exporters in August 2026. By using JPMorgan’s closed interbank platform Kinexys, intended exclusively for institutional transactions, not for the public cryptocurrency market, in combination with the SWIFT network, it aims to offer near-instant settlement in USD across ten countries.