XRP Ledger has reduced the base reserve requirement from 10 XRP to 1 XRP to lower the barrier to user adoption

According to Foresight News, Cointelegraph reported that XRP Ledger has reduced the basic reserve requirement from 10 XRP to only 1 XRP on December 3, allowing new users to recharge their wallets with less cryptocurrency, which may lower the threshold for user adoption. At the same time, this also enables users to spend part of the XRP they originally had to hold as a reserve. Owner reserves have also been reduced from 2 XRP to 0.2 XRP. This means that users only need to keep 0.2 XRP for each object held in their account.