Blockchain data shows that XRP Ledger has reduced the base reserve requirement from 10 XRP to just 1 XRP on December 3. This allows new users to top up their wallets with less cryptocurrency, potentially lowering the barrier to user adoption. At the same time, this also enables users to spend part of the XRP they would otherwise have to hold as a reserve. The reserve change took place at 6:45 am Beijing time today. The news was announced on the X platform by the XRP validator operator under the pseudonym Vet. At the same time, the owner reserve has 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. According to the XRP Ledger's documents, objects can include NFTs, trust lines, signer lists, or owner directories. Some oracles also count as objects and require owner reserves. (Cointelegraph)