XRP Ledger retries upgrade that lets banks split payment and compliance duties
60-second summary
XRP Ledger plans to activate its upgrade on Oct. 5, enabling businesses to grant a secondary account limited authority to initiate payments or approve customers while retaining full control over primary accounts. This split‑payment and compliance model reduces operational risk and could attract more banks to adopt XRP, potentially boosting transaction volume and market confidence.
The upgrade could activate Oct. 5, letting businesses give another account limited powers such as making payments or approving customers without handing over full control.