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XRP Ledger Introduces Permission Delegation Amid Token-Minting Fix Delay

The XRP Ledger has activated a new delegation feature but awaits final approval for a token-minting bug fix.

The XRP Ledger has activated a new delegation feature but awaits final approval for a token-minting bug fix. XRP (XRP) is trading at $1.40, up 0.7% since this brief published. This is an original Token Times brief based on reporting by Unchained, with live market data added, as of Sun, 11 Oct 2026 15:00:01 UTC.

Why it matters

The new delegation feature enhances institutional security and operational flexibility on the XRP Ledger, while the delayed token-minting fix raises concerns about potential risks in the interim.

Key takeaways
  • XRP Ledger's PermissionDelegationV1_1 amendment went live on October 8.
  • The feature allows institutions to delegate permissions for safer account management.
  • A token-minting bug fix is pending, requiring two more validator votes.
  • XRP's price is down 0.66% in the last 24 hours amid broader market stability.

The XRP Ledger has introduced a new PermissionDelegationV1_1 amendment, allowing institutions to delegate specific permissions for account management. This feature aims to enhance security and operational efficiency by enabling trusted parties to manage accounts on behalf of institutions.

While the delegation feature has been activated, there is a caveat: official guidance advises against using certain delegated permissions until a separate fix for a token-minting bug is implemented. This fix requires two more validator votes to be activated, according to Unchained.

CoinCodex corroborates the activation of the delegation feature and the pending status of the token-minting fix but does not mention the specific guidance regarding delegated permissions. This suggests that while the feature is live, there may be limitations on its full implementation until the bug fix is in place.

The development comes as the broader cryptocurrency market remains relatively stable, with a total market cap of $2.87 trillion. Bitcoin has seen a modest 0.31% increase in the last 24 hours, while the overall market sentiment, as measured by the Fear & Greed Index, is at 61, indicating 'Greed.'

XRP, the native token of the XRP Ledger, is currently priced at $1.39, down 0.66% in the last 24 hours and 6.89% over the past week. This price movement reflects the broader market trend, with no significant reaction to the new feature activation.

Market reaction since this brief Live

Since this brief published about 2 days ago, XRP (XRP) has moved from $1.39 to $1.40 — +0.72%.

$1.39$1.39$1.40$1.40$1.40 published · $1.39 now · $1.40 (+0.72%) Oct 9 10:27 UTC Oct 11 15:00 UTC
BeforeSince publishPublished · $1.39

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 ≈ ₹145.88 (about $1.40), down 0.5% over 24 hours. The rupee itself trades about 7.6% 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
$1.40 ▼ 0.53%
+0.72% since this brief published
7d -6.89%MCap $88.33BFull XRP data →
The market when this published · October 9, 2026
Total market cap$2.87T
Bitcoin 24h+0.31%
Ethereum 24h+0.14%
BTC dominance58.0%
Fear & Greed61 · Greed

XRP Ledger Introduces Permission Delegation Amid Token-Minti — questions & answers

What is the new feature introduced by the XRP Ledger?

The XRP Ledger has introduced a PermissionDelegationV1_1 amendment that allows institutions to delegate specific permissions for account management.

Why is the token-minting fix important?

The token-minting fix is crucial because it addresses a bug that could pose risks to the XRP Ledger's functionality and security.

How does the market view the XRP Ledger's new feature?

The market has not shown a significant reaction to the new feature, with XRP's price down 0.66% in the last 24 hours amid broader market stability.

How much is 1 XRP worth in rupee today?

About ₹145.88 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.40. 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 0.72% since this brief first published — trading at $1.40 now versus $1.39 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 Unchained. 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 #970,939 sha256:617e06d73f0529d3
Based on reporting by Unchained — this is an original Token Times summary with live market data, not the original article.Unchained · Oct 9 10:27 ↗

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.