KB Kookmin Bank launches cross-border payments on…
South Korea's largest bank plugging into JPMorgan's Kinexys blockchain rails is a signal that institutional-grade cross-border infrastructure is moving from pilot to live product.
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South Korea's largest bank plugging into JPMorgan's Kinexys blockchain rails is a signal that institutional-grade cross-border infrastructure is moving from pilot to live product.
This is the first major Asian bank to onboard Kinexys for production cross-border USD settlement, and it quietly extends JPMorgan's institutional rail deep into Korea's $700B-a-year trade corridor.
Eight currencies and 24/7 settlement put tokenized bank deposits in the operating stack of multinationals from Payoneer to JERA, and pull Asia-Pacific deeper into JPMorgan's on-chain settlement…