XRP Ledger developers propose supporting zero-XRP wallets for stablecoin payments

TechFlow reports that on October 28, according to CoinDesk, XRP Ledger developers submitted a code proposal on October 15 to introduce the SponsoredAccountCreate transaction. This transaction allows existing accounts to create new ones and cover their reserve requirements on their behalf, enabling new wallets to operate with a zero XRP balance. Currently, the XRP Ledger requires each account to lock 1 XRP as a reserve, meaning creating 100,000 accounts would require locking 100,000 XRP. Under the new mechanism, the overall network reserve obligation remains unchanged, with costs borne by the sponsor, who can also pay transaction fees on behalf of users.

The proposal builds upon the Sponsored Fees and Reserves standard, ensuring sponsors do not gain control over user private keys. Recently, Ripple partnered with Privy, a subsidiary of Stripe, to launch an embedded wallet supporting payments in XRP and the RLUSD stablecoin, including automated payments for AI agents. These wallets currently require an initial XRP deposit to activate. The Pull Request remains open, with two unresolved findings from automated code reviews pending.