ChainCatcher report: On October 8, the XRP Ledger activated the PermissionDelegationV1_1 feature, allowing account owners to authorize other accounts to perform specific tasks without surrendering the master key to their account. According to the monitoring site XRPL Dashboard, such upgrades require continuous support from over 80% of trusted validators for two weeks; with 35 validators currently active, this means at least 29 must support it. The countdown for this feature was reset in September after support fell below the threshold. This feature enables enterprises to split permissions by function—for example, stablecoin issuers can authorize compliance accounts to approve new customers while keeping their master key offline. Authorized accounts sign transactions using their own keys and can only perform the granted operations; account owners can modify or revoke these permissions at any time. Each authorized account can receive up to ten permissions, which restrict the types of operations it can perform rather than automatically setting spending limits. Banks have long separated payment and compliance responsibilities at the employee level; this upgrade allows such divisions to be enforced at the ledger level. According to a report shared by Evernorth, the XRP Treasury company, with CoinDesk, the network held an average of $3.72 billion in tokenized assets and $539 million in Ripple’s RLUSD stablecoin during the second quarter, totaling approximately $4.26 billion. Official guidance advises users not to delegate the PaymentBurn permission until separately patched, as this permission—intended to allow assistants to destroy tokens—can, under certain conditions, also permit the creation of new tokens. This warning applies to tokens issued on the ledger, not newly minted XRP.
XRP Ledger Activates PermissionDelegationV1_1 to Separate Payment and Compliance Roles
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The XRP Ledger activated the PermissionDelegationV1_1 feature on October 8, enabling account owners to delegate tasks without exposing their main private key. The blockchain upgrade required over 80% validator support for two weeks, necessitating at least 29 of 35 trusted validators. A prior reset in September occurred due to insufficient support. The feature enhances crypto compliance by allowing businesses to split roles—for example, stablecoin issuers can delegate compliance checks while keeping their keys offline. Delegated accounts can hold up to 10 permissions. Evernorth reported $3.72 billion in tokenized assets and $539 million in RLUSD on the XRP Ledger in Q2 2026.
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