Vet, a validator on the XRP Ledger (XRPL) and director of community at the XRP Ledger Foundation, has highlighted the upcoming “Permission Delegation” feature, which could significantly reshape treasury management on the network. The XRP Ledger Foundation is a non-profit organization supporting the development and adoption of the XRP Ledger through advocacy, ecosystem support, and technical contributions.
Permission Delegation on the horizon
Vet described Permission Delegation as a soon-to-be-released compliance tool for the XRP Ledger. This functionality would allow XRPL users to delegate specific on-chain tasks to other accounts while keeping their main account keys in cold storage. Vet indicated the feature originated from the need for robust treasury management, aiming to enhance security and usability for users managing substantial funds or institutional resources.
Permission Delegation enables flexible security models, such as role-based access control, supplementing multi-signature techniques.
In practical terms, Permission Delegation lets account holders grant various permissions to another account to perform actions on their behalf. This could provide organizations and individuals with a greater ability to separate duties and mitigate security risks without sacrificing operational flexibility.
Mini dictionary: Permission Delegation, a system allowing users to transfer specific account permissions to other entities, often used for compliance and improving security in blockchain applications.
Initial discussions around Permission Delegation took place in 2024. The XLS-75d amendment introducing the feature was integrated into XRPL version 2.6.1. However, in September 2025, the feature was disabled due to a bug that could allow a malicious actor to drain an account’s entire XRP balance by charging transaction fees to other accounts. As a result, Permission Delegation was not activated on the mainnet.
New milestone: fixCleanup3_2_0 amendment
A recent highlight for the XRP Ledger involves the fixCleanup3_2_0 amendment, a bundled set of updates impacting features such as Single Asset Vaults, the Lending Protocol, the permissioned decentralized exchange (DEX), Multi-Purpose Tokens, and permissioned domains. This amendment reached a majority consensus and has entered a two-week activation period on the network, receiving 30 affirmative votes from the validator community.
| Feature | Impact of fixCleanup3_2_0 |
|---|---|
| Single Asset Vaults | Applies bug fixes and security improvements |
| Lending Protocol | Enhances protocol stability and functionality |
| Permissioned DEX | Strengthens access controls for the decentralized exchange |
| Multi-Purpose Tokens | Improves token management and use cases |
| Permissioned Domains | Addresses domain permissioning bugs |
Network growth and exchange reserves
The XRP Ledger has achieved a new milestone by surpassing 8 million accounts. Data from XRP Ledger Services, a blockchain explorer focused on XRP, revealed the current user count has reached 8,001,658, marking steady growth across the network.
Mini dictionary: XRP Ledger Services, an analytics platform and blockchain explorer providing real-time data on XRP network activity and accounts.
At the same time, analytics provider CryptoQuant has reported that Binance’s XRP reserves have dropped to their lowest level since February, now standing at 2.61 billion XRP. This decrease signals a contracting supply of XRP on the world’s largest cryptocurrency exchange.
Binance holds 2.61 billion XRP, the lowest level recorded since February, pointing to shrinking XRP supply on the platform.
