XRP Ledger (XRPL) Developers Move Toward Deposit-Free Wallets

TLDR XRP Ledger developers have proposed SponsoredAccountCreate to allow new wallets to open without holding XRP. The proposal would let sponsoring accounts cover reserve requirements while users retain control of their wallets. Ripple’s partnership with Privy targets embedded wallets for XRP, RLUSD, and automated payments. The Sponsor amendment had 10 supporting validator votes on October 28, below the 29 needed for approval. Developers working on the XRP Ledger have proposed a way to open accounts without placing XRP in each wallet. The change would let payment apps create accounts while another wallet pays the network’s required reserve.