XRP Ledger Adds Confidential Transfers to Court Wall Street's Tokenized Billions

XRP Ledger 3.3.0 introduces six proposed amendments

The XRP Ledger released version 3.3.0 this week, its latest core software update. The release bundles six proposed amendments aimed at institutional users and asset issuers. The named features are Confidential Transfers, Batch, Sponsor, Permission Delegation, and Dynamic MPT. A sixth amendment groups fixes and performance improvements, and the update reduced memory use by 10 to 15 percent. None of the six amendments is active yet, because each must first clear the network's validator vote.

Confidential Transfers hide balances but keep accounts visible

Confidential Transfers let issuers encrypt token balances and payment amounts for Multi-Purpose Tokens (MPTs). Account addresses and the token type stay visible, while the individual balances and amounts can be hidden. The ledger still checks that the sums add up without reading the underlying figures. This design targets institutions that want privacy on tokenized assets while keeping settlement auditable. Public balances can expose trading positions, which many regulated firms cannot accept. The feature keeps the token type and account addresses on the public record for oversight.

Batch and Sponsor features target institutional workflows

The Batch amendment packages up to eight transactions into one all-or-nothing operation. That structure eases complex payments, trustless swaps, and over-the-counter (OTC) trades, where every leg must settle together or not at all. The Sponsor feature lets one account cover another account's fees and reserve requirements. Permission Delegation authorizes a third party to submit only specified transaction types. Dynamic MPT lets issuers change token properties after the tokens are issued.

Tokenized assets on the network approach $1.38 billion

More than $530 million in tokenized real-world assets already sit on the XRP Ledger, excluding Ripple's RLUSD stablecoin. Counting RLUSD, about $1.38 billion in distributed real-world assets are issued on the network, according to on-chain data aggregator RWA.xyz. RLUSD accounts for $845.7 million of that total. Ondo holds $212.6 million, followed by VERT Capital at $116.1 million, Archax at $55.4 million, and Societe Generale at $11.6 million. Aviva Investors launched a tokenized share class on the network in July 2026, adding to the institutional lineup.

XRP price at time of publication

XRP traded at $1.03 at the time of publication, up 1.4% over the past 24 hours but down 2.7% over the past seven days (CoinPaprika, 8 August 2026). Its market capitalization stood near $64.7 billion, ranking it among the largest crypto assets. The tokenized-asset activity runs on the same ledger that settles XRP payments.

Amendments need validator support to activate

The six amendments are not yet live on the network. Each needs at least 80% validator support sustained for a minimum of two weeks before activation. Until validators reach that threshold, the institutional features remain proposals rather than active rules. The XRP Ledger uses this vote to agree on protocol changes without a central operator. The two-week window gives node operators time to review the code before it locks in. If support falls below the threshold, an amendment stalls until validators return to it.