XRP Ledger v3.3.0 Update: Five New Features Tailored for Banking and Tokenized Assets

Last month, two important features were removed from the XRP Ledger roadmap after a security audit discovered a vulnerability that could potentially move funds from accounts not owned by the attacker. 

Next week, RippleX is bringing both back in a fixed form, combined with three other new features, through the release of xrpld v3.3.0. This update is being hailed as one of the most significant steps for the XRP Ledger toward banking adoption and real-world asset tokenization, or RWA.

Key Takeaways

• RippleX will release xrpld v3.3.0 next week, introducing five protocol amendments targeting financial institutions and tokenized assets.
• Two features, Batch Transactions and Permission Delegation, were previously withdrawn due to a critical security vulnerability and are now returning in a fixed version.
• Each amendment must receive support from at least 80% of validators for 14 consecutive days before becoming fully active on the mainnet.

Five Amendments Brought by RippleX Through xrpld v3.3.0

Jazzi Cooper, Head of Product at RippleX, explained that the XRP Ledger has already proven capable of handling tokenized assets at scale. RippleX’s current focus is shifting toward making those assets easier to move, trade, use as collateral, and settle across networks, according to a report by Coinpedia.

There are five amendments included in this update:

Batch Transactions combines up to eight transactions into a single package. All transactions either succeed together or fail together — this mechanism reduces costs and makes the network more efficient.

Permission Delegation gives businesses the ability to grant limited access to employees or third parties without needing to share full control of the wallet. This feature is crucial for institutions managing large volumes of assets involving many parties.

Confidential Multi-Purpose Tokens (Confidential MPT) hides balances and transaction amounts from the public, while authorized regulators or auditors can still access them when needed. This addresses institutional privacy needs without compromising regulatory compliance.

Read Also: Ripple (XRP) Gains Major Trust from Wall Street: What Does It Mean?

Sponsored Fees and Reserves allows companies to pay network fees on behalf of their users. This means users of XRP Ledger-based applications no longer need to hold XRP solely to transact.

Dynamic Multi-Purpose Tokens (Dynamic MPT) gives token issuers the ability to change certain settings after the token has been launched, without having to create a new token from scratch — making it easier to adapt when regulations change.

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Source: X/@Ripple

Two Features That Were Previously Withdrawn: What Actually Happened?

The most interesting part of xrpld v3.3.0 is not about its new features, but about two older features that were once “buried.” The BSCN account on social media revealed that Batch Transactions and Permission Delegation were previously removed from the roadmap after security researchers discovered a bug that could be exploited by an attacker to move funds from accounts they did not control.

The good news is that no customer funds were lost due to this vulnerability. The bug was discovered through security research before both features ever reached the mainnet, so the risk remained purely theoretical and was successfully caught before impacting real users.

Read Also: The History of Ripple (XRP) You Must Know

BSCN also referred to Sponsored Fees as a “sleeper feature” — a feature that receives less public attention but has the potential to be the most impactful. 

The reason is simple: once a bank or company can cover network fees on behalf of its customers, the biggest technical barrier for ordinary people to use XRP Ledger-based applications — the requirement to hold XRP first — automatically disappears.

Although the xrpld v3.3.0 server is planned for release next week, its features will not become active immediately. 

In accordance with the XRP Ledger’s governance mechanism, each new amendment can only take effect on the mainnet after receiving support from at least 80% of trusted validator votes, and that support must remain consistent for a full 14 days. This process serves as a layered safeguard, especially after the experience with the two previously problematic features.

The speed of XRPL development is also worth noting. Just a few weeks ago, validators were still busy reviewing minor updates related to lending, vaults, and licensed exchanges. Now the roadmap has jumped far ahead to five simultaneous amendments that address the core needs of financial institutions.

Read Also: Ripple (XRP) Partnerships with 8 Major Companies — You Must Know! 

Conclusion

xrpld v3.3.0 marks a new phase for the XRP Ledger that more seriously targets the institutional market and tokenized assets, rather than merely adding technical features. 

The combination of controlled privacy, access delegation, transaction efficiency, and the removal of the XRP ownership barrier through Sponsored Fees makes XRPL increasingly relevant for banks and companies looking to enter blockchain without complications. However, all of this still awaits validator approval — so full implementation will only become visible after the 14-day voting process is complete.

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FAQ

What is xrpld v3.3.0? 

xrpld v3.3.0 is the latest XRP Ledger server version that RippleX will release next week, bringing five protocol amendments to support institutions and tokenized assets.

What features are included in this update? 

There are five features: Batch Transactions, Permission Delegation, Confidential MPT, Sponsored Fees and Reserves, and Dynamic MPT.

Why were Batch Transactions and Permission Delegation previously withdrawn? 

Both were withdrawn because security researchers discovered a bug that could allow an attacker to move funds from accounts they did not control. No funds were lost because the bug was found before these features reached the mainnet.

When will these features become active on the XRP Ledger mainnet? 

Each amendment requires consistent support from at least 80% of validators for 14 consecutive days before officially becoming active on the mainnet.

What are the benefits of Sponsored Fees for regular users? 

This feature allows companies to pay network fees on behalf of their users, so users no longer need to hold XRP solely to use applications on the XRP Ledger.