Exciting Upgrades for XRP Investors
XRP investors may be in for a major upgrade as a leading developer in the community hinted at a potential integration with MasterCard. The lead developer of Xumm Wallet, Wietse Wind, shared the news on social media and revealed that self-custody and prepaid XRP options are on the way. This announcement sparked enthusiasm among the community members.
MasterCard Integration and Self-Custody
When a user asked about linking a credit card to the Xumm wallet, Wind clarified that the current focus is on hardware wallets and not terminals or ATMs. However, he mentioned that the team is working on bringing debit MasterCard integration to enable self-custody and card authorization with custom limits on accounts using a Hook.
Concerns About Card Fees
The news of MasterCard integration raised concerns about card fees among XRP users. One user expressed worries about high fees, referencing another platform in the XRP space. Wind acknowledged that fees are inherent to credit and debit cards due to their insurance, cashback, and profit models. However, he suggested that running separate rails could potentially address this issue in the future.
Hot Take: Promising Future for XRP
XRP investors can look forward to exciting developments with the potential integration of MasterCard into the Xumm Wallet. This upgrade will bring self-custody and customizable card authorization limits, providing users with more control over their accounts. While concerns about card fees persist, the Xumm team is actively exploring solutions to minimize these charges. With ongoing efforts to enhance the user experience and address community feedback, XRP’s future appears promising.
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