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XRP Ledger proposes confidential transfers to encrypt token balances and amounts while keeping wallet identities public.

Protocol Fundamentals
30 Mar 2026
Blockonomi
View Source
Bullish
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RippleX has introduced a whitepaper proposing confidential transfers for multipurpose tokens on the XRP Ledger. This new standard encrypts account balances and transaction amounts using EC ElGamal encryption and zero-knowledge proofs, allowing validators to confirm sufficient funds without seeing the actual amounts. The system maintains public wallet identities and overall token supply transparency, supporting regulatory compliance and corporate privacy. If approved by community validators, this feature will enable private transfers with audit capabilities and issuer controls like freezing and clawbacks, targeting enterprise and regulated financial market needs.

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