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Showing the subtext ("you've sent money to this address before" or "Owned address") makes it easier for users to remember confirm they're sending funds to the intended address
This builds user confidence
What would you like to see?
Subtext under the address in the "send" flow confirmation screen
Example text:
"You've transacted with this address before"
"You own this address"
What alternatives are there?
User has to copy paste the address and double check manually to be certain