Ripple Greenlights XLS-68: Someone Else Can Now Pay Your XRPL Lunch 🍽️
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Ripple Greenlights XLS-68: Someone Else Can Now Pay Your XRPL Lunch 🍽️

Ripple's UNL validator has voted "Yea" on the Sponsor amendment introduced in the XRP Ledger v3.3.0 upgrade, moving the XLS-68 Sponsored Fees and Reserves proposal closer to mainnet activation. The proposal still requires additional validator votes before it can be enabled on the network. The amendment, known as XLS-68 Sponsored Fees and Reserves, is designed to reduce onboarding friction by allowing companies, token issuers, and other entities to subsidize transaction fees and reserve requirements for end users.

Sponsors are able to co-sign transactions or pre-fund sponsorships to cover those fees and reserves on behalf of sponsees, who retain full control of their accounts and keys. The amendment targets institutional and consumer use cases, including tokenized real-world assets (RWA), payments, and platforms, while lowering initial XRP requirements for new participants. According to the source, Ripple has now approved all of the amendments that were introduced in the XRPL v3.3.0 upgrade.

The development comes as XRP continues to trade in active markets, with one analyst cited in the source predicting a near-term price drop to $1.25 before a recovery back into its broader channel. The article also referenced Bitcoin and Ethereum among 500-plus cryptocurrencies available on the Bitget trading platform, noting $BTC and $ETH as part of that broader market context. No direct quotes were provided in the source material, and figures related to the amendment's timeline and validator threshold requirements were not specified beyond the ongoing voting process.

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$XRP
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Publishercryptonewsroom.xyz
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CategoryAltcoins

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