XRP Ledger Introduces Delegated Account Controls Targeting Banks and Tokenized Asset Issuers
The XRP Ledger has added a new feature allowing businesses to grant separate accounts limited operational permissions, such as customer approvals and payment execution, while keeping master keys offline. The capability is specifically designed to meet the security and operational needs of banks, stablecoin issuers, and tokenized fund managers. The addition signals continued development of XRPL infrastructure aimed at institutional and regulated financial use cases.
The XRP Ledger has rolled out a new account delegation capability that lets businesses assign restricted permissions to subsidiary accounts without exposing the keys that control their primary holdings. This separation of duties is a standard requirement in institutional and banking environments, where operational accounts must be kept distinct from those holding custody of assets.
Under the new structure, a delegated account can be authorized to perform specific actions such as onboarding or approving customers and executing payments, while the master account retains full control and remains in cold storage. This reduces the attack surface for organizations managing large on-chain positions.
The feature is aimed directly at banks, stablecoin issuers, and managers of tokenized investment funds, categories of institutions that operate under strict internal controls and regulatory obligations. By building these controls natively into the ledger, XRPL lowers a key technical barrier for regulated entities considering on-chain deployment.
This development continues a pattern of XRPL protocol upgrades oriented toward institutional readiness. Combined with the existing RLUSD stablecoin infrastructure and ongoing regulatory engagement by Ripple, the new controls add another layer of functionality that financial institutions typically require before committing to a public ledger.
Key facts
- •XRPL now supports delegated account permissions for businesses
- •Delegated accounts can approve customers or execute payments independently
- •Master keys controlling main holdings can remain offline
- •Feature targets banks, stablecoin issuers, and tokenized fund managers
- •Designed to meet institutional security and operational control requirements