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XRPL Sponsor amendment could let banks cover XRP costs for customers

Verifying
  • The Sponsor amendment would let companies pay XRPL fees and reserves for other users.
  • Six validators supported the amendment, below the 29-validator threshold, with no activation date scheduled.
  • XRPL currently requires 1 XRP per account and 0.2 XRP per standard owner-reserve unit.
XRP
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