This update introduces a suite of upgrades designed to enhance network performance, support enterprise-grade functionality, and strengthen regulatory compliance.
The update introduces batch transactions, token escrow, permissioned decentralized exchanges (DEX), and permission delegation.
One of the standout features is transaction batching, which allows multiple operations to be executed within a single atomic transaction. This is especially valuable for enterprises handling airdrops, payroll, or large-scale token distributions.
Token escrow capabilities have also been expanded. The feature now supports trustline-based tokens and multi-purpose tokens, enabling developers to implement time-based or conditional asset releases, which are ideal for vesting and DeFi applications.
In parallel, the new PermissionedDEX function lets network participants restrict trading access to meet compliance standards, a critical component for financial institutions entering the blockchain space.
Meanwhile, another key upgrade is the Permission Delegation system, which improves security and operational clarity for token issuers. Issuers can delegate specific transaction permissions to designated accounts while maintaining complete on-ledger transparency and auditability.
This change allows for more flexible business structures that separate roles without compromising control or security.
Within the first month, the two products generated $542 million in trading volume, involving institutions and several retail platforms. It furthered that open interest reached $70.5 million, with significant activity from ETF issuers, institutional players, and retail traders.
Interestingly, about 45% of the trading volume originated from markets outside the US and Canada. This global participation suggests a growing appetite for XRP exposure and reflects the token’s maturing role in institutional portfolios.
