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TimesTabloid
2025-08-16 17:53:30

One of the Biggest XRP Ledger Game Changers Is Coming

Vincent Van Code (@vincent_vancode), a software engineer and popular figure in the XRP community, recently drew attention to the importance of the pending Permissioned Domains amendment. Sharing a screenshot of the voting tally, he remarked that the feature represents “one of the biggest XRPL game changers” and pressed validators, asking, “What’s the hold up?” His comments reflect growing impatience among those who see the proposal as a pivotal step for the ledger’s institutional future. Current Voting Status The amendment, formally introduced in XRPL version 2.4.0, is not yet enabled. According to the tracker, 22 validators have voted in favor and 13 against, leaving the proposal at 62.86% consensus. The threshold for activation stands at 28 of 35 votes, meaning the measure remains short. With the status still marked as Voting, the feature remains in limbo until validator alignment improves. Still waiting on one of the biggest XRPL game changers to go live. Come on validators. What's the hold up? pic.twitter.com/dLH0A2MXJB — Vincent Van Code (@vincent_vancode) August 15, 2025 What Permissioned Domains Enable The amendment defines a new ledger entry type, PermissionedDomain, alongside transactions to create, update, and delete domains. Each domain specifies a set of acceptable credentials, with up to 10 combinations of issuer and credential type that participants must hold to interact within that environment. This credential-based gating allows applications such as decentralized exchanges (DEXs) or lending protocols to operate under compliance-driven rules. This makes it possible for institutions to restrict access to verified participants while still active on the public ledger. For many developers and compliance teams, the prospect of a standardized access-control framework directly integrated into XRPL is considered a prerequisite for broader institutional adoption. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Why Is This Amendment Important? Ripple CTO David Schwartz recently weighed in on the matter, highlighting the compliance barrier that prevents institutions from using the XRPL DEX. He explained that even Ripple cannot rely on it for payments because it cannot be certain who is providing liquidity. There is always the possibility that it could come from a sanctioned group or even a terrorist organization. That legal uncertainty has prevented mass institutional adoption of XRP despite Ripple having over 300 bank partnerships. However, Permissioned Domains are meant to resolve it by ensuring only verified participants can operate within specific environments. Permissioned Domains also align with the GENIUS Act by enforcing credential checks that meet KYC and compliance standards set for stablecoins. Together, they ensure only verified participants can access certain XRPL functions, reducing regulatory and counterparty risk. The eventual approval of Permissioned Domains would mark a significant milestone in positioning XRPL as a platform suited not only for open token issuance and trading but also for regulated markets. However, until more validators shift their stance, the amendment will remain pending. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post One of the Biggest XRP Ledger Game Changers Is Coming appeared first on Times Tabloid .

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