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XRP investors could also be one of the vital upgrades but in accordance with a outstanding developer in the neighborhood. This was revealed by the lead developer of one of many main initiatives constructing on the XRP Ledger, hinting {that a} GraspCard integration could also be coming.

Bringing GraspCard, Self-Custody, And More To XRP

In a publish that was shared on X (previously Twitter), Xumm Wallet lead developer Wietse Wind excitedly announced to the group that self-custody is on the best way. The announcement featured a screenshot that confirmed the choice to make purchases with pay as you go XRP, a function that’s but to drop.

“Right on time for the holidays: the gift of self custody. Xumm @Tangem  NFC hardware wallets: ordered with optional pre-paid XRP to cover the account reserve & an additional 50$ in XRP (no KYC). Full announcement & details: upcoming week,” the developer mentioned.

This sparked lots of pleasure in the neighborhood however these additionally got here with questions. One X consumer asked if customers would be capable of hyperlink a bank card to their Xumm pockets to make purchases. The developer responded by saying “These are hardware wallets, they don’t work @ terminals and ATMs.”

However, in a follow-up, the consumer declared “Debit cards and Xumm is all I want.” To which Wietse Wind responded that they’re engaged on it. “Debit MasterCard, self custody, card authorization with custom on ledger limits on your account using a Hook,” Wietse Wind revealed.

Working on this.

Debit GraspCard, self custody, card authorization with customized on ledger limits in your account utilizing a Hook. https://t.co/BOlFKlddzx

— WietseWind (🛠+🪝 Xumm @ XRPL Labs) (@WietseWind) November 26, 2023

Token worth recovers to $0.6 | Source: XRPUSD on Tradingview.com

Concerns About Card Fees

Following Wietse Wind’s announcement that the staff was engaged on bringing GraspCard integration to the XRP wallet, questions flowed as group members sought out clarifications on what this might imply. One significantly recurring theme was card charges which customers have come to detest.

One consumer John Mcclain implored the staff to not have a +1% charge on prices, referencing the fees by one other outstanding cost platform within the XRP space, Uphold, which the consumer says prices a excessive charge. According to them, “This can really add up quick!”

Moving to allay worries, Wietse Wind reminded customers that utilizing credit score and debit playing cards signifies that there can be charges connected. This is as a result of that is how these playing cards work, and in addition “that’s how they are able to insure, give cash backs, and make tremendous amounts of money.”

However, this downside doesn’t appear to be alien to the Xumm staff because the developer revealed that operating totally separate rails can be helpful in addressing the charges situation. But for now, “we’ll have to address the chicken/egg problem over and over again.”

Featured picture from The Coin Republic, chart from Tradingview.com