Ripple Prepares to Roll Out XRP Ledger Upgrade Amid Wild Price Predictions
Ripple is making progress on an upgrade to its XRP Ledger called Batch V1.1, which could make up to eight linked transactions succeed or fail together.
According to RippleX head of engineering Ayo Akinyele, asset managers are preparing to use the feature after it goes live on September 29, but the companies involved have not been named.
The upgrade allows an account to bundle up to eight transactions into a single operation, making it easier for institutions to conduct cross-border payments and other financial transactions.