Business
February 25, 2026
South Korea’s blockchain infrastructure from DSRV is stepping into a major payments corridor. The firm is teaming up with Ripple Asia to test blockchain-based remittance rails between Korea and Japan. The XRPL remittance pilot arrives at a time when financial institutions across Asia are actively experimenting with blockchain to improve how money moves across borders
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How the XRPL Remittance Pilot Advances Korea–Japan Cross-Border Settlement
The DSRV partnership focuses on one of the most economically vital links. It should be noted that annual trade between South Korea and Japan reached about $77.2 billion in 2024. In addition, Japan exported $44.64 billion worth of goods to South Korea in 2025. This highlights the scale of financial activity between the two countries.
Remittances represent a smaller but equally important part of that activity. Payments between the two countries still depend largely on correspondent banking networks. But these often introduce delays, layered fees, and limited transparency. The XRPL remittance pilot is exploring whether blockchain infrastructure can reduce those frictions.
At the center of this research is the XRP Ledger or XRPL. This blockchain network is designed particularly for payments and liquidity movement. Ripple has long positioned XRPL as infrastructure capable of settling transactions in seconds while reducing operational costs tied to traditional cross-border settlements. According to data from Ripple, XRPL transactions settle in about three to five seconds with low transaction costs.
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The latest deal between Ripple Asia and DSRV will evaluate how XRPL can integrate with financial institutions operating in both countries. It should be noted that Ripple does not intend to replace banks but is hoping to build hybrid rails that combine blockchain settlement with existing compliance frameworks. Regulatory alignment is critical. Both Japan and South Korea have different sets of licensing systems for cryptocurrency.
In addition, SBI Ripple Asia, backed by Japan’s SBI Holdings, has been building blockchain payment networks for years. SBI has also revealed plans to expand its digital asset footprint, including stablecoins.
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For DSRV, the XRPL remittance pilot is a practical step forward. The company already runs blockchain infrastructure and validator services. Working with Ripple Asia will put it directly inside a live remittance corridor. Through this, blockchain will start to see real financial use.
