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.
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.
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.
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.
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.
Yes. With XLS-85 live, stablecoins such as RLUSD and other issued tokens can now be placed directly into native escrow on XRPL.
XLS-85 enables treasury controls, collateral locks, and automated settlements, making XRPL more secure and enterprise-ready.
Key uses include token vesting, conditional payments, peer-to-peer swaps, and securing tokenized real-world assets like bonds.
Yes. Each escrowed asset requires a 0.2 XRP owner reserve, which remains locked on the ledger while the escrow is active.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
As capital rotates back into AI-based cryptos, two projects have emerged as standout recovery candidates—NEAR…
Artificial intelligence (AI) has added trillions of dollars to global stock market valuations and turned…
Jupiter price is suddenly moving higher, and this time, traders think the rally may be…
The crypto market bounced back strongly after U.S. President Donald Trump announced a peace deal…
The Zcash (ZEC) price is trading around $487 after surging more than 14% over the…
Monday started on a bullish note for the cryptocurrency market, with the total market cap…
