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XRP Ledger proposes on-chain multisig upgrade to streamline institutional custody workflows.

Protocol Fundamentals
05 Aug 2026
UToday
View Source
Bullish
pluang ai news

The XRP Ledger is considering a major upgrade called "On-Chain Cosigner" to improve multi-signature transaction coordination by enabling signers to approve transactions directly on-chain. This would eliminate the current reliance on off-chain communication and centralized coordinators, addressing the "last mile" problem where signature collection can fail if coordinators lose data or go offline. The upgrade targets institutional use cases and complements other advanced XRP Ledger features like batch transactions and sponsored fees. If adopted, it would enhance security and efficiency for enterprise-level custody and transaction management on the XRP Ledger.

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