The post XRP News Today: RippleX Launches XLS-85 Token Escrow on XRPL Mainnet appeared first on Coinpedia Fintech News RippleX, the development team behind the The post XRP News Today: RippleX Launches XLS-85 Token Escrow on XRPL Mainnet appeared first on Coinpedia Fintech News RippleX, the development team behind the

XRP News Today: RippleX Launches XLS-85 Token Escrow on XRPL Mainnet

2026/02/13 15:25
3 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.
XRP News Today

The post XRP News Today: RippleX Launches XLS-85 Token Escrow on XRPL Mainnet appeared first on Coinpedia Fintech News

RippleX, the development team behind the XRP Ledger, has launched Token Escrow (XLS-85) on the XRPL mainnet. This update expands the escrow feature beyond XRP. 

Now, trustline-based tokens and Multi-Purpose Tokens can also be locked on-chain, supporting stablecoins, real-world assets, and institutional transactions.

XRPL Token Escrow XLS-85 Goes Live on Mainnet

According to the RippleX developer update, Token Escrow (XLS-85) is now active on the XRP Ledger Mainnet. This upgrade extends the network’s built-in escrow system, previously limited to XRP, to cover Trustline-based tokens and Multi-Purpose Tokens.

Until now, the native escrow feature on the XRP Ledger was limited to XRP itself. Projects that wanted to lock stablecoins or tokenized assets had to rely on custom solutions or third-party tools. 

With XLS-85 now live, any supported token on the network can be securely placed into escrow directly at the protocol level. This includes stablecoins such as RLUSD, tokenized real-world assets like bonds or gold, and other on-ledger digital tokens.

  • Also Read :
  •   XRP Price Crash Ahead? Analysts Flag Potential Drop to $0.85
  •   ,

What the Upgrade Changes for XRPL Users

With XLS-85, escrow is now a built-in feature for almost all assets issued on the XRPL, making token management simpler and more secure. Because of this, the upgrade supports several important use cases.

  • First is secure vesting and grants, where teams can schedule token releases or conditional distributions.
  • Second is automated transactions, including peer-to-peer token swaps and conditional payments.
  • Third is institutional finance, where escrow can support treasury controls, collateral locks, and automated settlements. 
  • Fourth is digital rights and real-world assets, such as tokenized licenses and content unlock systems.

Owner Reserve Requirement Tie Up XRP Supply

The timing of this upgrade is notable. As traditional financial players increasingly explore tokenized bonds, equities, and other assets, the ability to secure them with built-in escrow functionality strengthens the XRPL’s position in institutional DeFi.

Each escrowed real-world asset requires an owner reserve of 0.2 XRP to remain on the ledger.

With XLS-85 now active, the XRP Ledger moves closer to becoming a more flexible and enterprise-ready blockchain.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

bell icon Subscribe to News

FAQs

What is XRPL Token Escrow (XLS-85)?

XRPL Token Escrow (XLS-85) is a protocol upgrade that allows trustline-based tokens and MPTs, not just XRP, to be securely locked on-chain.

Can stablecoins like RLUSD be escrowed on the XRP Ledger?

Yes. With XLS-85 live, stablecoins such as RLUSD and other issued tokens can now be placed directly into native escrow on XRPL.

How does XLS-85 benefit institutional users on XRPL?

XLS-85 enables treasury controls, collateral locks, and automated settlements, making XRPL more secure and enterprise-ready.

What are the main use cases of XRPL Token Escrow?

Key uses include token vesting, conditional payments, peer-to-peer swaps, and securing tokenized real-world assets like bonds.

Does Token Escrow on XRPL require XRP reserves?

Yes. Each escrowed asset requires a 0.2 XRP owner reserve, which remains locked on the ledger while the escrow is active.

Opportunità di mercato
Logo XRP
Valore XRP (XRP)
$1.3292
$1.3292$1.3292
-1.19%
USD
Grafico dei prezzi in tempo reale di XRP (XRP)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

Potrebbe anche piacerti

USD/JPY Intervention: How Verbal Warnings Dramatically Slowed the Japanese Yen’s Slide

USD/JPY Intervention: How Verbal Warnings Dramatically Slowed the Japanese Yen’s Slide

BitcoinWorld USD/JPY Intervention: How Verbal Warnings Dramatically Slowed the Japanese Yen’s Slide TOKYO, March 2025 – Japanese authorities’ carefully calibrated
Condividi
bitcoinworld2026/03/30 23:25
Adoption Leads Traders to Snorter Token

Adoption Leads Traders to Snorter Token

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Condividi
BitcoinEthereumNews2025/09/17 23:45
USDH Power Struggle Ignites Stablecoin “Bidding Wars” Across DeFi: Bloomberg

USDH Power Struggle Ignites Stablecoin “Bidding Wars” Across DeFi: Bloomberg

A heated contest for control over a new dollar-pegged token has set the stage for what analysts say could define the next phase of the stablecoin industry. According to Bloomberg, a bidding war unfolded on Hyperliquid, one of crypto’s fastest-growing trading platforms, with the prize being the right to issue USDH, its native stablecoin. The competition drew some of the sector’s most prominent names, including Paxos, Sky, and Ethena, who later withdrew their bid, alongside the lesser-known Native Markets, a startup backed by Stripe stablecoin subsidiary Bridge. Hyperliquid Stablecoin Race Shows Branding and Partnerships Matter as Much as Tech Over the weekend, Hyperliquid’s validators, the contributors who secure the network and vote on key decisions, awarded the USDH contract to Native Markets over the weekend. Despite its relatively new status, the firm’s connection with Stripe helped it outpace more established rivals. Stablecoins underpin decentralized finance by providing a dollar-backed medium for collateral, settlement, and payments across applications. What began as a grassroots, community-led sector has evolved into a battleground for institutions and payment companies seeking revenue from interest on reserves. Circle, for example, shares proceeds from its USDC with Coinbase under a partnership designed to stabilize earnings during market swings. The Hyperliquid contest offered a rare glimpse into just how intense competition has become. Paxos pledged to take no revenue until USDH surpassed $1 billion in circulation. Agora offered to share 100% of net revenue with Hyperliquid, while Ethena put forward 95%. All were outbid by Native Markets, whose ties to Stripe’s $1.1 billion acquisition of Bridge and subsequent rollout of the Tempo blockchain positioned it as a strong contender. “Every stablecoin issuer is extremely desperate for supply,” said Zaheer Ebtikar, co-founder of Split Capital. “They are willing to publicly announce how much they are willing to offer. It just shows it’s a very tough business for stablecoin issuers.” While USDC remains dominant on Hyperliquid with more than $5.6 billion in deposits, the arrival of USDH could shift flows and revenue dynamics. Paxos co-founder Bhau Kotecha said the firm sees the exchange’s growth as an important opportunity, while Agora’s co-founder Nick van Eck warned that awarding the contract to a vertically integrated issuer risked undermining decentralization. Regulatory positioning also factored into the debate. Paxos operates under a New York trust charter and is seeking a federal license, while Bridge holds money transmitter approvals in 30 states. Native Markets, in a blog post, cited regulatory flexibility and deployment speed as reasons for its selection. Hyperliquid said the strong engagement from its community validated the process. Circle CEO Jeremy Allaire dismissed concerns over USDC’s status, noting on X that competition benefits the ecosystem. Analysts suggested that fears of centralization may be exaggerated, noting that Hyperliquid is likely to remain neutral and support multiple stablecoins. Still, the contest over USDH highlighted a new reality for stablecoins: branding, partnerships, and business strategy are becoming as decisive as technology. Native Markets Secures USDH Stablecoin Mandate on Hyperliquid Hyperliquid has concluded its governance vote for the USDH stablecoin, awarding the mandate to Native Markets after a closely watched process that drew weeks of community debate and rival proposals. USDH, described by Hyperliquid as a “Hyperliquid-first, compliant, and natively minted” dollar-backed token, is intended to reduce the platform’s dependence on USDC and strengthen its spot markets. Validators on the decentralized exchange voted in favor of Native Markets, a relatively new player backed by Stripe’s Bridge subsidiary, over established contenders including Paxos and Ethena. The outcome followed a string of proposals offering aggressive revenue-sharing terms to win validator support, underscoring the scale of incentives attached to controlling USDH. Hyperliquid’s exchange has become a critical hub for stablecoin liquidity, with $5.7 billion in USDC, around 8% of its total supply, currently held on the network. At prevailing treasury yields, that translates to an estimated $200 million to $220 million in annual revenue for Circle, underlining why a native alternative could be transformative. Hyperliquid’s validators, who secure the network and vote on key decisions, selected Native Markets following an on-chain governance process that concluded September 15. Native Markets has laid out a phased rollout for USDH, beginning with capped minting and redemption trials before expanding into spot markets. Its reserves will be managed in cash and treasuries by BlackRock, with on-chain tokenization through Superstate and Bridge. Yield from those reserves will be split between Hyperliquid’s Assistance Fund and ecosystem development. The launch of USDH comes as Hyperliquid records record profits from perpetual futures trading, with $106 million in revenue in August alone, and prepares to slash spot trading fees by 80% to bolster liquidity. Analysts say the move positions Hyperliquid to capture more of the stablecoin economics internally, marking a significant step in its bid to rival the largest players in decentralized finance
Condividi
CryptoNews2025/09/18 00:48