Asset Managers Prepare for XRP Ledger's Batch V1.1 Activation
Ripple has announced that asset managers and commercial projects are preparing to use XRP Ledger's Batch V1.1 feature, which groups up to eight transactions into a single operation.
The Batch V1.1 amendment has received support from 30 out of 35 tracked validators, keeping the September 29 activation countdown on track.
Ripple's work with asset managers is focused on delivery-versus-payment (DvP) transactions, which link an asset transfer and its payment within the same atomic operation.
The XRP Ledger Foundation has released xrpld version 3.4.0, but Batch V1.1 remains in its own mainnet voting process.