TechProposed XRPL upgrade would let banks and fintechs cover customers’ XRP reserves and fees
CryptoSlate says the proposal could make onboarding easier while users keep control of their accounts, but it would also shift XRP ownership toward institutions.
TLDR
CryptoSlate reports that a proposed XRPL upgrade would let banks and fintechs pay customers’ XRP reserves and transaction fees while users retain control of their accounts. The outlet says this could make onboarding easier, but would also shift XRP ownership toward institutions carrying those costs on their own balance sheets.
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Proposed XRPL upgrade would let banks and fintechs cover customers’ XRP reserves and fees
CryptoSlate says the proposal could make onboarding easier while users keep control of their accounts, but it would also shift XRP ownership toward institutions.
TLDR
CryptoSlate reports that a proposed XRPL upgrade would let banks and fintechs pay customers’ XRP reserves and transaction fees while users retain control of their accounts. The outlet says this could make onboarding easier, but would also shift XRP ownership toward institutions carrying those costs on their own balance sheets.