Important Ripple News and XRP Price Update: August 19

Although the past week was quite unpleasant for XRP token holders in terms of price action, the company behind the asset made a few significant moves. Additionally, there’s more information on the XRP whale activity, which has shown a clear uptick.

We will review all of that and much more, so let’s dive in.

Big Partnership We kick things off with a fresh announcement from yesterday, which stated that Ripple collaborated with Jeonbuk Bank to begin the first deployment of Ripple Payments in South Korea to enable faster cross-border remittances.

The partnership aims to expedite international transfers for businesses and reduce delays associated with traditional banking methods.