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XRP Ledger Introduces Enhanced Account Controls for Institutional Use

The XRP Ledger has launched new delegation features aimed at improving account security and management for financial institutions.

The XRP Ledger has launched new delegation features aimed at improving account security and management for financial institutions. XRP (XRP) is trading at $1.42, up 1.4% since this brief published. This is an original Token Times brief synthesising 2 outlets (CoinDesk, CoinCodex), plus live market data, as of Sun, 11 Oct 2026 16:45:01 UTC.

Why it matters

This development enhances the XRP Ledger's appeal for institutional adoption by providing more granular control over account operations while maintaining robust security measures. It addresses key concerns for banks and asset issuers looking to leverage blockchain technology.

Covered by 2 outlets over about 6.7 h — Token Times synthesises them all into one brief
  1. CoinDesk
    XRP Ledger adds new controls for banks, stablecoins and tokenized funds ↗
  2. CoinCodex
    XRP Ledger Enables Delegated Controls as Tokenization Activity Grows ↗
Key takeaways
  • XRP Ledger's new delegation feature allows institutions to manage accounts with enhanced security.
  • Developers are addressing a token-burning bug alongside the feature rollout.
  • The update aims to support stablecoins, tokenized funds, and traditional banking use cases.
What the reporting agrees on

CoinDesk and CoinCodex both report that the XRP Ledger has activated a new delegation feature designed to improve account management for institutional users. They agree that this feature allows for separation of powers within accounts, such as delegating payment approval while keeping primary keys offline. However, CoinCodex specifically mentions that developers are currently addressing a token-burning bug, a detail not mentioned by CoinDesk. Both outlets highlight the feature's potential to support stablecoins, tokenized assets, and traditional banking services on the XRP Ledger.

The story so far · 3 briefs
  1. XRP Ledger Introduces Enhanced Account Controls for Institutional Use — this brief
  2. XRP Ledger Introduces Permission Delegation Amid Token-Minting Fix Delay
  3. XRP Ledger Unveils New Authorization System for Institutional Clients

The XRP Ledger has introduced a new delegation feature aimed at enhancing account management capabilities for institutional users. This feature allows businesses to create separate accounts with limited powers, such as approving customers or initiating payments, while keeping the keys that control their main holdings securely offline.

The update is designed to provide a more secure and flexible environment for managing digital assets on the XRP Ledger. By allowing delegated account management, institutions can reduce the risk associated with handling private keys and streamline operational processes.

Multiple outlets, including CoinDesk and CoinCodex, confirm that the feature is now active on the XRP Ledger. They report that this development is part of ongoing efforts to make the platform more attractive for institutional adoption, particularly for use cases involving stablecoins, tokenized funds, and traditional banking services.

CoinCodex notes that while the feature has been activated, developers are actively working to address a token-burning bug. This suggests that while the feature is operational, further refinements may be necessary to ensure its full functionality and security.

In the current market context, with the total crypto market cap at $2.88 trillion and Bitcoin showing a slight 24-hour increase of 0.14%, XRP's price has experienced a minor decline of 0.56% over the past day. Despite this, the XRP market cap remains substantial at $88.3 billion, indicating continued investor interest in the asset.

Market reaction since this brief Live

Since this brief published about 3 days ago, XRP (XRP) has moved from $1.40 to $1.42 — +1.43%.

$1.40$1.40$1.41$1.42$1.42 published · $1.40 now · $1.42 (+1.43%) Oct 9 04:21 UTC Oct 11 16:45 UTC
BeforeSince publishPublished · $1.40

The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 XRP ≈ ₹148.39 (about $1.42), up 1.0% over 24 hours. The rupee itself trades about 7.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

XRP
#5
$1.42 ▲ 1.00%
+1.43% since this brief published
7d -5.30%MCap $89.65BFull XRP data →
The market when this published · October 9, 2026
Total market cap$2.88T
Bitcoin 24h+0.14%
Ethereum 24h-0.10%
BTC dominance58.0%
Fear & Greed61 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 11, 2026.

SectorTokenized real-world assets (RWA)$4.61Bacross 32 protocolsDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

XRP Ledger Introduces Enhanced Account Controls for Institut — questions & answers

What is the new feature in the XRP Ledger?

The new feature is a delegation tool that allows institutions to create accounts with limited powers while keeping primary keys offline.

Why is this update important for the XRP Ledger?

This update enhances security and operational efficiency, making the XRP Ledger more appealing for institutional use in banking and asset management.

What is the current market status of XRP?

XRP is currently priced at $1.4 with a 24-hour decrease of 0.56% and a 7-day decline of 6.79%.

How much is 1 XRP worth in rupee today?

About ₹148.39 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.42. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.

Has XRP's price moved since this brief was published?

XRP is up 1.43% since this brief first published — trading at $1.42 now versus $1.40 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from CoinDesk, CoinCodex, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 11, 2026 ⛓ Timestamped at Bitcoin block #970,946 sha256:377f34f7c0df4dd5
Corroborated across 2 outlets, reported over about 6.7 h — this is an original Token Times summary with live market data, not the original article.CoinDesk · Oct 9 04:21 ↗CoinCodex · Oct 9 11:02 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.