XRP cuts reserve requirement by 90%, allowing for smaller new wallets

XRP Ledger reduced its reserve requirement from 10 to 1 XRP, letting users fund wallets with as little as $2.56.

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XRP Ledger reduced base reserve requirements from 10 XRP ($25.60 at current XRP prices) to just 1 XRP ($2.56) on Dec. 2, blockchain data shows. This allows new network users to fund their wallets with a smaller amount of cryptocurrency, potentially reducing a barrier to adoption. It also allows users to spend some XRP they have otherwise had to hold in reserve.

The reserve change occurred at 10:45 pm UTC. It was announced on X by the pseudonymous XRP (XRP) validator operator V

Source: VET

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