Speculations have arisen in the XRP community about Ripple's development of a blockchain ecosystem in South Korea. This follows the circulation of documents linking Ripple to a blockchain policy paper in the country, which highlights a proposed framework for GBC Korea's GMAP platform to help retail investors engage in mergers and acquisitions. While some are excited about the potential development, others are taking the assertion with a pinch of salt. It is unclear if Ripple plans to extend its reach into South Korea or provide blockchain-based payment solutions to GBC Korea, as neither company has made any official statement on the matter.