{
  "id": 16892526,
  "title": "XRP Ledger developers propose creating wallets with zero XRP for stablecoin payments",
  "url": "https://urgent.news/2026/10/28/xrp-ledger-developers-propose-creating-wallets-with-zero-xrp-for",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T11:52:14.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/tech/2026/10/28/xrp-ledger-developers-propose-creating-wallets-with-zero-xrp-for-stablecoin-payments"
  },
  "original_language": "en",
  "account": "Developers working on the XRP Ledger are experimenting with the possibility of generating blockchain accounts with no XRP, potentially enabling payment applications and automated software to function without first depositing the cryptocurrency into every wallet. An Oct. 15 code proposal introduces a transaction named SponsoredAccountCreate, which would permit an existing account to establish another account and pay its reserve requirement. XRP Ledger mandates a minimum reserve of 1 XRP per account, a stipulation that locks up funds while the account remains active, thereby preventing a flood of empty wallets on the network. A company generating 100,000 distinct accounts would need to reserve 100,000 XRP merely to satisfy these reserve conditions. Under the proposed system, a sponsoring account would assume the reserve, allowing the new wallet to maintain a zero XRP balance. The network's cumulative reserve obligation would persist, with the sponsor bearing the expense instead of the user. Sponsors could also cover transaction fees via a larger sponsorship system, enabling applications to pay those charges on behalf of their users. Ripple has recently collaborated with Privy, a subsidiary of Stripe, to integrate embedded wallets into XRP Ledger applications. This integration aims to facilitate payments using XRP and Ripple's RLUSD stablecoin, including automated payments made by AI agents. Currently, these wallets require XRP funding before they can become active, even when they are intended solely to hold stablecoins. The proposed account-creation transaction expands upon the broader Sponsored Fees and Reserves standard, which permits another account to finance network costs without seizing control of the user's private keys. The new code would generate an account directly without sending it any XRP. The pull request remains active, with two unresolved automated code-review issues. It also depends on sponsorship modifications that have yet to activate on mainnet, awaiting validator approval. The sponsorship amendment garnered 11 of the 35 votes it requires from the network's trusted validators as of Oct. 19, falling short of the 29 needed.",
  "summary": "An experimental change would let companies cover the reserve for customer and AI-agent accounts, allowing users to start with stablecoins without first acquiring XRP.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Straits Times",
        "title": "About $3.5 million lost in S’pore due to tampered Ledger crypto hardware wallets",
        "url": "https://urgent.news/2026/10/28/about-3-5-million-lost-in-spore-due-to-tampered-ledger-crypto",
        "published": "2026-10-28T08:23:00.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Singapore crypto users lose S$3.5m after Ledger wallets found with malicious hardware",
        "url": "https://urgent.news/2026/10/28/singapore-crypto-users-lose-s-3-5m-after-ledger-wallets-found-with",
        "published": "2026-10-28T09:24:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}