XRP Ledger Retries Upgrade to Separate Bank Payment and Compliance Functions

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The XRP Ledger is making another attempt at a network upgrade aimed at improving how financial institutions manage operations. The update would allow businesses to delegate limited powers — such as processing payments or onboarding customers — to a separate account. Crucially, this can be done without granting that account full control over the primary account. The upgrade is expected to activate on October 5 if the retry succeeds.

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