XRP Ledger Upgrade Proposal Adds Privacy Tools for Tokenized Assets

A new XRP Ledger software release has introduced six proposed amendments, including a Confidential Transfers feature designed for institutional use of tokenized assets. The proposal would let certain Multi-Purpose Token balances and payment amounts be encrypted while keeping account information and token types visible on the ledger.

The development matters because XRP Ledger is already being used for tokenized real-world assets, and the proposed privacy layer targets a common institutional concern: exposing position sizes and transfer amounts on public blockchain infrastructure. According to CoinDesk, RWA.xyz tracks about $1.38 billion of distributed real-world assets on XRPL, including $845.7 million in RLUSD and more than $530 million in tracked assets outside RLUSD.

The proposed Confidential Transfers amendment is limited in scope at launch. Holders would need to opt in, and the feature would initially apply to direct Multi-Purpose Token payments between accounts. It would not cover trades on XRPL's built-in exchange, escrow or checks.

Other amendments in version 3.3.0 are also aimed at institutional workflows. Batch would allow up to eight transactions to be packaged together, including an all-or-nothing mode. Sponsor would let one account cover another account's fees and reserve requirements, while Permission Delegation would allow limited authority for specified transaction types. Dynamic MPT would let issuers change certain token properties after issuance.

None of the amendments are active yet. XRP Ledger amendments require at least 80% support from trusted validators for two continuous weeks before they can go live, leaving adoption dependent on the validator vote and whether issuers already using XRPL choose to apply the new privacy features.