This page may contain stale information. Last updated: 2026-07-26
Overview
Permissioned bank blockchain networks for wholesale FX and trade settlement, coexisting with SWIFT rather than replacing retail crypto.
Timeline
- 2026-07-26: kb-kookmin-bank first Korean FI on kinexys for import/export corporate payments (2026-07-26-kb-kookmin-jpmorgan-kinexys-payments)
- 2026-07-09: swift-cooperative blockchain ledger pilot with 17 banks
Key Players
Analysis
Korea trade-finance adoption of Kinexys is distinct from Circle–Kakao–Toss / won-stablecoin consumer narratives.