XRP Ledger Unveils Institutional-Friendly Amendments

The upcoming XRP Ledger software release, xrpld 3.3.0, is set to bring five new features aimed at institutional users. According to RippleX's head of product, Jazzi Cooper, these amendments will move the network closer to supporting global transfers, trading, collateralizing, and settling tokenized assets.

The proposed changes include Confidential MPT, which would support private token balances and transfer amounts using cryptographic proofs. Batch transactions would enable delivery-versus-payment and atomic settlement across multiple accounts. Delegated permissions would allow account holders to grant narrowly defined transaction permissions without transferring control of the account's signing authority.

Sponsored Fees and Reserves would address another onboarding issue by allowing a bank, issuer, or platform to cover transaction fees and account reserves for users. Dynamic MPT would let issuers modify selected token properties after issuance.