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#Privy

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XRP Ledger Developers Propose Zero-XRP Wallets for Stablecoin Payments
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XRP Ledger Developers Propose Zero-XRP Wallets for Stablecoin Payments

Key Highlights Developers on the XRP Ledger have proposed a new SponsoredAccountCreate transaction to enable the creation of zero-balance accounts. Under the proposal, existing accounts can act as sponsors, covering the mandatory 1 XRP reserve requirement and transaction fees on behalf of new wallets. The functionality aims to streamline user onboarding for payment applications, enterprise ...

Ripple Announces Major New Partnership Agreement for XRP
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Ripple Announces Major New Partnership Agreement for XRP

Key Highlights: Ripple has partnered with Stripe-owned digital wallet infrastructure firm Privy to enhance the XRP Ledger (XRPL). Privy’s embedded wallet technology will allow users to transact in XRP, RLUSD, and other digital assets without directly managing private keys or recovery seed phrases. Developers can programmatically generate and manage XRPL wallets, while end users retain ...