Exchanges· ★★★· bearish·

Ripple Expands Korea Partnerships as XRP's Local Market Share Slips

  • —Meritz Securities becomes Ripple's fourth institutional partner in South Korea
  • —Meritz will study ETFs, security tokens and a KRW-pegged stablecoin
  • —XRP/KRW volume on Upbit fell from 28.94B in Nov 2024 to 3.54B in Sep 2026
  • —XRP trades at $1.37, about 62% below its July 2025 record high of $3.65
Why it matters: Ripple's institutional push in Korea has yet to lift XRP, as retail flows rotate into AI tokens and pressure demand.
Source: BeInCrypto CN