DeFi· ★★★· bullish·

XRP Ledger developers test zero-XRP wallets for stablecoin payments

  • —SponsoredAccountCreate creates an account without sending it any XRP
  • —A sponsor covers the 1 XRP reserve instead of the user
  • —The sponsorship amendment had 11 of 29 validator votes as of Oct. 19
  • —Sponsors could also pay fees without controlling users' private keys
Why it matters: It lowers the barrier to stablecoin payments on XRP Ledger and RLUSD, though it hinges on validator approval.
#XRP#RLUSD
Source: CoinDesk
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