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XRP Ledger adds controls letting banks split duties without sharing main keys, boosting security for stablecoins and tokenized funds.

Protocol Fundamentals
09 Oct 2026
Coindesk
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Neutral
XRP Ledger adds controls letting banks split duties without sharing main keys, boosting security for stablecoins and tokenized funds.

The XRP Ledger activated a new feature called PermissionDelegationV1_1 on October 8, allowing account owners to delegate specific permissions to other accounts without sharing their primary keys. This upgrade helps businesses, especially banks and stablecoin issuers, separate functions like payments and compliance securely on the ledger itself. Delegated accounts have limited powers by action type, improving security by keeping main keys offline. However, users are advised not to delegate the PaymentBurn permission yet due to a flaw that could let helpers create tokens instead of just destroying them. The feature is expected to enhance operational security and control for tokenized assets, which currently total over $4 billion on the network.

The XRP Ledger's new PermissionDelegationV1_1 feature aims to enhance security and control for tokenized assets, which currently total over $4 billion on the network. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 09, 2026 11:02 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell. Notable movers include AVAX at Rp184.367 with a 61% sell order activity, SAND at Rp1.274 with 69% sell orders, and YFI at Rp40.729.216 with 88% sell orders.

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