XRP Ledger Steps Up Institutional Adoption with Version 3.3.0 Upgrade

XRP Ledger has released version 3.3.0, marking another step towards becoming infrastructure for institutional tokenization.

The update introduces several proposed amendments focused on privacy, payments, and managing real-world assets (RWAs). One of the most significant new features is Confidential Transfer, designed to allow institutions to hide balances and transaction amounts for Multi-Purpose Tokens (MPTs) while keeping accounts and asset types involved visible.

This feature uses cryptographic proofs to verify transactions are valid without publicly revealing underlying amounts. According to data from RWA.xyz, roughly $850 million of the $1.38 billion in RWA distributed on the XRPL is from Ripple's own stablecoin, RLUSD. This leaves approximately $530 million in other tokenized assets from big names like Ondo, Archax, Societe Generale, and VERT Capital.

The update also includes Batch, Sponsor, and Permission Delegation amendments. Batch allows up to eight transactions to be grouped together, including an atomic mode where either all transactions succeed or the entire batch fails. Sponsor enables one account to cover another user's transaction fees and reserve requirements, allowing companies to onboard customers without requiring XRP purchases.

Permission Delegation would enable account holders to grant pre-defined transaction permissions without surrendering full control of the wallet. These amendments are not live on the XRP Ledger Mainnet yet, as the governance process requires each to maintain support from at least 80% of trusted validators for two consecutive weeks before activation.