All Things XRP (@XRP_investing), a well-known influencer in the digital asset space, recently pointed to a striking phenomenon: XRP is not only surviving in South Korea, it is thriving. He noted that XRP adoption in the country is “not just hype,” but grounded in real financial use cases, particularly around international money transfers. ⚠️🔥WHY MILLIONS OF SOUTH KOREANS ARE BETTING ON XRP (and It’s Not Just Hype). XRP isn't just surviving — it's thriving in South Korea. But the reason behind this loyalty? It's got nothing to do with memes… and everything to do with broken banks. Let’s unpack this hidden… pic.twitter.com/TRolSuC4l9 — All Things XRP (@XRP_investing) April 19, 2025 A National Preference for XRP South Korea’s appetite for XRP is unmatched globally. All Things XRP revealed that the token’s trading volume consistently surpasses Bitcoin’s on major domestic exchanges. On Upbit, South Korea’s leading trading platform, XRP has on several occasions exceeded $6 billion in daily volume, accounting for more than one-third of all trades on the platform. This is not simply a matter of temporary speculation. The influencer pointed to local surveys and exchange data showing that over 3.5 million South Koreans hold XRP, equating to nearly 7% of the national population. Such a high level of participation is rare even in the most active crypto markets. Recent reports also support his statements, as XRP was recently the most traded cryptocurrency on Upbit , surpassing Bitcoin on the cryptocurrency exchange. A Working Domestic System With An International Gap South Korea’s internal payment infrastructure is highly efficient. Digital applications like Toss and KakaoPay enable fast and low-cost domestic transactions. However, the same cannot be said for international remittances. All Things XRP noted that traditional wire transfers can take three to five business days to process and may cost users up to $25 per transaction. This creates significant friction, especially for migrant workers and small business owners. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP as a Practical Solution XRP offers a viable alternative to these limitations. Using Ripple’s underlying technology, platforms like Coinone’s Cross app enable real-time, low-fee cross-border transfers. Partnerships with companies such as CROSS ENF illustrate Ripple’s expansion in South Korea. Ripple’s infrastructure is already contributing to cross-border remittance services, addressing one of the most persistent pain points in South Korea’s financial system. Notably, South Korean investors appear to treat XRP as a preferred digital asset during political uncertainty. All Things XRP noted that the digital asset experienced 3x Bitcoin’s trading volume during a recent domestic crisis. XRP’s volume has consistently outperformed other top assets in the country, suggesting a unique local confidence in the asset’s stability and utility. South Korea’s strong support for XRP reflects a demand for efficient, low-cost international money transfers that traditional banks have failed to meet. The influencer noted that investors run to XRP as a safe haven , a go-to asset as traditional banks struggle, and to bypass a broken international transfer system. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Here’s Why Millions of South Koreans Are Betting on XRP appeared first on Times Tabloid .
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