Home XRP Ledger Eyes New v3.3.0 Upgrade As RippleX Executive Reveals Five Key Amendments

XRP Ledger Eyes New v3.3.0 Upgrade As RippleX Executive Reveals Five Key Amendments

Share
XRP Ledger Eyes New v3.3.0 Upgrade As RippleX Executive Reveals Five Key Amendments
News
Share

The XRP Ledger (XRPL) is preparing for another major software upgrade, with the upcoming xrpld v3.3.0 release expected to introduce five proposed amendments aimed at expanding the network’s capabilities for tokenized assets.

Jazzi Copper, Head of Product at RippleX, revealed details of the proposed changes in a post on X. She said the new release is expected to go live next week, although the amendments will only take effect after receiving approval from XRPL validators.

“XRPL has already proven it can support tokenized assets at scale. Now it’s time to put these assets to use: global transfers, trading, collateralizing, and settling,” Copper wrote.

According to Copper, the five amendments included in the release could move the blockchain closer to becoming a broader infrastructure for tokenized assets and financial applications.

The amendment uses zero-knowledge proofs and elliptic-curve encryption to add privacy protections for Multi-Purpose Tokens, or MPTs.

Token issuers and holders would be able to maintain the confidentiality of some information, such as token balances and transfer amounts, thanks to the technology. However, transaction information could still be checked when needed, perhaps providing a compromise between privacy and legal or compliance obligations.

The proposed changes highlight XRPL’s growing focus on tokenization and its potential use in financial markets. However, the amendments will not automatically become active with the software release. XRPL validators must approve them through the network’s governance process.

The v3.3.0 upgrade therefore marks another step in XRPL’s development, with the final impact depending on validator support and the adoption of the proposed amendments.

 

 

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

Share

Leave a comment

Leave a Reply

Latest News

BitGo Adds USDC Minting & Redemption To Its Institutional Stablecoin Platform
News

BitGo Adds USDC Minting & Redemption To Its Institutional Stablecoin Platform

BitGo has added USDC minting and redemption services to its Go Accounts. Eligible institutional customers can manage USDC transactions without opening a...

Louisiana Sues Kalshi, Robinhood & Other Prediction Markets In Growing Regulatory Fight
News

Louisiana Sues Kalshi, Robinhood & Other Prediction Markets In Growing Regulatory Fight

Louisiana has filed a lawsuit against Kalshi, Robinhood, Polymarket and several other prediction market platforms. The state has raised concerns about illegal...

Visa Adds Western Union’s USDPT Stablecoin To Its Settlement Network Through Anchorage Partnership
News

Visa Adds Western Union’s USDPT Stablecoin To Its Settlement Network Through Anchorage Partnership

Visa has partnered with Anchorage Digital to support Western Union’s USDPT stablecoin on its settlement network. Eligible partners can use USDPT to...

Uber’s UK Banking Partner Griffin Raises $20M To Expand Stablecoin Services
News

Uber’s UK Banking Partner Griffin Raises $20M To Expand Stablecoin Services

UK-based digital bank Griffin has raised $20 million in a funding round led by Octagon Partners. The investment values the company at...

Related Articles

Best Crypto Trading Bots In 2026

Running a crypto trading strategy manually can be challenging when markets are...

Reasons Why The U.S. Tops AI Agent Commerce

The concept of agentic commerce where agents can purchase digital services and...

Do You Need A Cryptocurrency Trading Bot?

The crypto market never closes. Bitcoin can move while you are sleeping,...

How To Use Dexscreener To Find Crypto Gems

If you have ever looked at a new crypto token and wondered...