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XRP Ledger tests wallet upgrade to remove XRP purchase requirement for users

XRP Ledger tests wallet upgrade to remove XRP purchase requirement for users

Photo: CoinTurk News

Developers working on XRP Ledger, a decentralized blockchain network supporting the XRP cryptocurrency, are testing a new transaction type aimed at enabling users to open blockchain wallets without the need to purchase XRP. This change could eliminate a significant barrier for those looking to access stablecoin payments or large-scale blockchain applications, particularly as Ripple pursues broader adoption through products like RLUSD and AI-powered payment services. Currently, every new account created on XRP Ledger must hold a minimum reserve of 1 XRP, acting as a safeguard against spam and unchecked network growth.

Source: CoinTurk News

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