XRP Seoul 2026 Hosts XRP Asia Launch With Ripple Backing
XRP Asia launched at XRP Seoul 2026 to expand XRP Ledger adoption across Asia-Pacific with backing from Ripple and the XRP Ledger Foundation.
Key takeaways
- The RWA target is $30B. XRPL tokenized real-world assets are targeted to grow from $6 billion to $30 billion.
- Upgrades need 80% support. The Batch and Permission Delegation upgrades need more than 80% validator support.
- Loans are not live. XLS-66 remains a draft amendment and requires validator approval before mainnet activation.
What happened
XRP Asia launched at XRP Seoul 2026 as an independent organization focused on expanding the XRP Ledger across Asia-Pacific. Ripple and the XRP Ledger Foundation jointly launched the group, which is headquartered in Singapore and led by Sabrina Tachdjian.
XRP Asia plans to support developers and startups through training, micro-grants, early-stage investments and go-to-market assistance. Its strategy focuses on four areas: technology, startup success, community and marketing.
XRP Seoul's expanded program for Oct. 3 included lending, privacy, and tokenization providers. The event also featured representatives from Woori Bank, K Bank and JB Bank in a panel on cross-border payments and tokenized deposits.
Why it matters
Ripple President Monica Long said the company is discussing a 2027 objective to route more customer transaction volume directly onto XRPL. The plan includes using pooled XRP as collateral to help fund customer payments.
The event highlighted XRPL's growth targets, including an increase in tokenized real-world assets from $6 billion to $30 billion. AI agent transactions are also projected to rise from 10 million to 100 million.
Kyobo Securities highlighted collateral mobility and liquidity as key benefits of tokenized assets during an XRP Seoul 2026 panel. Woori Bank and Kbank are exploring blockchain-based infrastructure to modernize back-end financial settlement.
What the data shows
Tria has expanded its self-custodial financial platform to 150 countries. The Tria Visa card offers up to 6% cashback, according to the XRP Seoul 2026 keynote.
The Japan and Korea Fund was introduced in June 2024 under Ripple's broader 1 billion XRP developer commitment. In June 2025, Ripple partnered with Web3 Salon, offering Japanese XRPL startups up to $200,000 per project.
Background
XRP Asia will build on existing communities XRPL Korea and XRPL Japan while supporting new hubs across major Asian cities. Ripple created an XRPL Japan and Korea Fund under its 1 billion XRP developer-support commitment.
SBI Ripple Asia received approval under Japan's Payment Services Act as a Third-Party Prepaid Payment Instrument Issuer.
What is still unclear
- Ripple President Monica Long said: "We are running credit-related pilots with the goal of activation next year."
- XLS-66 remains a draft amendment and requires validator approval before mainnet activation.
- Both upgrades will need more than 80% validator support during the activation period.
Questions readers ask
What is XRP Asia?
XRP Asia is an independent organization launched by Ripple and the XRP Ledger Foundation. It focuses on expanding the XRP Ledger across Asia-Pacific and is headquartered in Singapore.
What XRPL upgrades are planned?
The Permission Delegation Infrastructure update is set for 8 Oct, and the Batch Amendment is set for 9 Oct. Both need more than 80% validator support.
What did Ripple say about 2027?
Ripple President Monica Long said the company is discussing a 2027 objective to route more customer transaction volume directly onto XRPL. The plan includes using pooled XRP as collateral to help fund customer payments.