Ripple partners have tested direct stablecoin transfers between Japan and South Korea.
SBI Group and Kyobo Life exchanged yen and won stablecoins without using the U.S. dollar as an intermediary.
The test explored whether stablecoins can remove an extra currency conversion from Japan-South Korea payments, potentially reducing settlement time and foreign exchange costs.
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September 19, 2026 1.2K 1
