In a bid to reduce the costs of international money transfers, pro-XRP attorney John Deaton has urged the Ripple blockchain to propose a significant reduction in the fees charged by banks or cash transmitters. Deaton’s proposal came in response to the announcement that the Ripple network processed over $1 billion in just four seconds, with a processing cost of only $0.01. John Deaton proposes using blockchain technology to make money transfers affordable Deaton has called…