🚨 Big News: XRP Goes Live on BDACS in South Korea! 🇰🇷💥
🔥 XRP is now officially live on BDACS, a regulated crypto custodian for institutional players in South Korea — the first real outcome of Ripple’s custody partnership announced back in February!
🔐 BDACS will now offer secure XRP custody, marking a major milestone in Ripple’s mission to bring institutional adoption to South Korea’s fast-growing digital asset market.
💬 “XRP is one of the most popular digital assets in South Korea,” BDACS said in their Aug. 5 post on X.
💼 This follows the Feb. 26 partnership announcement between BDACS and Ripple, with plans to support:
🔹 XRP
🔹 RLUSD, Ripple’s stablecoin
🔹 Tokenization & Developer Growth on XRP Ledger
📈 BDACS cited projections that crypto custody could reach $16T by 2030, with 10% of global GDP expected to be tokenized.
🏛️ Ripple and BDACS are aligned with South Korea’s regulatory roadmap, pushing for wider institutional access.
👥 What Does This Mean for Retail Investors?
While BDACS focuses on institutional clients, this move indirectly benefits retail holders of XRP by:
✅ Boosting confidence in XRP as a secure, regulated asset
✅ Attracting institutional liquidity, which can support price stability and growth
✅ Fueling ecosystem development, leading to more apps, use cases, and utility for XRP
✅ Strengthening Ripple’s reputation and long-term vision for mass adoption
Think of it as laying the financial plumbing — once institutions are in, the broader market often follows. 🚰📈
✅ Conclusion: XRP Just Got Stronger in South Korea
This launch is more than just a technical step — it’s a regulatory green light for Ripple’s growth strategy in Asia. As institutional infrastructure expands, retail and enterprise adoption tend to follow.
📢 Bottom line: XRP's listing on BDACS could be the start of a much larger wave of institutional momentum — and retail investors might just ride the benefits. 🌊🚀