XRP Partners With BDACS
XRP has announced a partnership with BDACS to expand institutional cryptocurrency custody services in South Korea.Under this partnership, BDACS will utilize Ripple Custody to provide secure infrastructure for XRP, RLUSD, and other crypto assets, aiming to support institutional adoption and the XRPL developer community.XRP InfoRipple is a digital asset and payment system technology developed by Ripple Labs. The project was created in 2012 with the aim of providing faster, more reliable, and scalable solutions for global money transfers, particularly for financial institutions and banks. Ripple offers fast and low-cost transactions using its own distributed ledger system called RippleNet.RippleNet enables real-time transactions (taking only a few seconds) with minimal fees. The cryptocurrency XRP is used within the Ripple network to provide liquidity and facilitate transactions.It is important to note that Ripple Labs manages and develops the Ripple technology, while XRP is an independent digital asset that operates within this technology.