XRP Ledger Set for Major Overhaul With Release of xrpld 3.3.0

The XRP Ledger is set to undergo significant changes next week with the release of xrpld 3.3.0, according to software engineer Vincent Van Code.

Five amendments are scheduled to activate following validator approval, addressing key gaps in how institutions and developers interact with the network.

The first amendment, Confidential MPT, brings native privacy to Multi-Purpose Tokens on XRPL, combining zero-knowledge proofs with elliptic-curve encryption. This allows issuers and token holders to keep balances and transfer amounts private on a public ledger, while still allowing designated parties like auditors or regulators to verify transaction details when required.

The Batch amendment enables up to eight transactions across different accounts to execute atomically in a single ledger, removing trust assumptions from multi-step workflows. This also facilitates delivery-versus-payment and atomic settlement, where both sides of a transaction execute together or not at all.

Permission Delegation allows institutions to delegate narrowly scoped transaction permissions without transferring full signing authority, meeting the common requirement for institutional operations. Sponsored Fees and Reserves enables a sponsor like a bank, issuer, or platform to pay XRP transaction fees and account reserves on behalf of another account, removing the onboarding barrier.

Dynamic MPT changes allow issuers to define at issuance exactly which properties may be updated over time, adapting to changing business needs or regulatory requirements without requiring a full token migration.