{"id":14302,"date":"2026-10-09T20:18:50","date_gmt":"2026-10-09T20:18:50","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=14302"},"modified":"2026-10-09T20:18:50","modified_gmt":"2026-10-09T20:18:50","slug":"xrpl-lets-institutions-delegate-tasks-without-sharing-keys","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=14302","title":{"rendered":"XRPL lets institutions delegate tasks without sharing keys"},"content":{"rendered":"

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The XRP Ledger (XRPL) now lets institutions delegate account tasks while retaining control of their primary signing keys.<\/p>\n

The PermissionDelegationV1_1 amendment went live on Oct. 8 at ledger 107,524,865. It lets account owners assign specific transaction permissions to other accounts.<\/p>\n

The upgrade mirrors the division of responsibilities in traditional finance. Treasury departments, compliance officers and asset managers can operate under different levels of authority.<\/p>\n

For example, a stablecoin issuer can let its compliance team approve counterparties while a separate account executes payments. Owners can modify or revoke delegated permissions without exposing their primary signing keys during routine operations.<\/p>\n

Vet, an XRP Ledger Foundation contributor, said the change lets asset issuers and treasuries manage account responsibilities in a way familiar from traditional finance while protecting their primary keys.<\/p>\n

The framework does not support custom spending limits or asset-specific delegation restrictions. XRPL developers also warn against delegating PaymentBurn<\/code> until fixCleanup3_4_0<\/code> activates. A flaw can let authorized accounts mint issued tokens in certain circumstances.<\/p>\n

XRPL’s tokenized asset market expands<\/h2>\n

The controls arrive as XRPL’s real-world asset market grows.<\/p>\n

An Oct. 7 RWA Foundation snapshot puts XRPL’s year-to-date growth in tokenized asset value at about $3.7 billion, excluding stablecoins. It leads BNB Chain’s $3.5 billion, Stellar’s $2.8 billion and Solana’s $2.2 billion.<\/p>\n

\"XRPL\"XRPL
Year-to-date RWA net flows as of Oct. 7, 2026, excluding stablecoins. Source: RWA Foundation, using RWA.xyz data.<\/figcaption><\/figure>\n

The four networks account for roughly $12.2 billion of the $14.9 billion recorded across the chart’s 10 blockchains, highlighting competition for tokenization activity.<\/p>\n

The figures track changes in tokenized asset value, including issuance, redemptions and valuations.<\/p>\n