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#Sponsor amendment

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New XRPL Upgrade Could Shift XRP Ownership from Retail Wallets to Banks
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New XRPL Upgrade Could Shift XRP Ownership from Retail Wallets to Banks

Proposed XRPL Sponsor Amendment Could Shift $XRP Costs From Consumers to Institutions A proposed upgrade to the XRP Ledger (XRPL) would allow banks and fintech companies to absorb $XRP transaction fees and account reserves on behalf of their customers, potentially removing a significant friction point for mainstream adoption. Known as the Sponsor amendment and based ...