XRP Ledger Feature Could Unlock Regulated Asset Issuance Capabilities
Ripple's stablecoin product lead Lauren Berta has highlighted an upcoming feature on the XRP Ledger that could greatly benefit the RLUSD stablecoin.
The feature, called permission delegation, is currently up for validator voting and has the potential to unlock an important capability for institutions issuing regulated assets on XRPL.
Berta explained in a threaded post why permission delegation matters for RLUSD and every regulated token on the ledger. Currently, an XRPL token issuer account controls key functions like minting, freezing, clawback, or trust line authorization.
However, for regulated issuers, those responsibilities often sit across different teams such as compliance, operations, security, and others. The Permission Delegation feature is designed to reflect this reality by allowing issuers to delegate specific actions to separate accounts while keeping the issuer account secure.