DeFi· ★★★· bullish·

Ripple: asset managers prepare for Batch V1.1 activation on XRP Ledger

  • —Batch V1.1 combines up to 8 transactions into a single all-or-nothing operation
  • —The upgrade is supported by 30 of 35 validators against a threshold of 28 votes
  • —Activation is expected on September 29, with the countdown starting September 15
  • —The feature is useful for delivery-versus-payment settlements and attaching fees to payments
Why it matters: Atomic settlements could accelerate institutional adoption of the XRP Ledger in payments and attract asset managers.
#XRP
Source: Cryptonews.net
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