XRP Ledger Upgrade Streamlines Payment Process for Banks

The XRP Ledger has completed its retry of an upgrade that allows banks to split payment and compliance duties, making transactions more efficient.

This upgrade enables banks to send payments on behalf of their customers without having to verify all the necessary compliance information at the same time.

The upgrade is part of a broader effort to improve the usability of the XRP Ledger for financial institutions, which have been slow to adopt the technology due to regulatory concerns and complexity.