Why the Ripple‑Kyobo Pilot Proves Cost, Not Speed, Wins the Settlement Race
Opening hook: In 2024 the Korean bond market burned through roughly $219 million in daily settlement costs, yet a six-month Ripple-Kyobo pilot trimmed $15 million off the annual bill while collapsing settlement time from 48 hours to 115 seconds. That translates to a 99.73% speed jump and a 6-plus-percent