Ripple’s developer arm RippleX says the XRP Ledger is close to flipping the switch on a long-awaited governance change that could open the door to institution-friendly, permissioned activity on the public chain. What’s happening - RippleX announced that the “Permissioned Domains” amendment is nearing the activation threshold required under XRPL’s governance rules. Under that process, an amendment must maintain an 80% validator supermajority for a sustained period to become active. According to xrpl.org, Permissioned Domains currently sit at 76.47% support. - The related PermissionedDEX amendment — the feature Permissioned Domains is intended to enable — is already open for voting and has reached 50.00% support so far. What Permissioned Domains do - XRPL documentation describes permissioned domains as controlled environments that “do nothing on their own” but can be used by higher-level features (like a permissioned DEX or lending protocol) to restrict and manage access for compliance-driven deployments. - In practice, that means regulated firms could transact and settle on XRPL while enforcing access controls and compliance rules — essentially allowing permissioned on-chain flows on a public network instead of forcing institutions onto fully private chains. Why it matters - RippleX calls Permissioned Domains a “game-changer,” arguing the feature brings institutional-grade controls to XRPL without the trade-offs of a private blockchain. For trading, a Permissioned DEX would change the current open matching model — instead of any offer being matchable by anyone, rules-based matching could limit participation to approved entities. - RippleX also points to roadmap items beyond trading: an upcoming lending protocol could use domain-based controls to manage borrowing and lending flows, suggesting the pattern could extend across multiple on-chain financial products. Market and community reaction - The announcement quickly drew attention from XRP community members. Notable voices flagged “on-chain FX” as a primary use case, with calls for more stablecoins, real-world assets (RWAs), and market-making to fuel liquidity. Anodos Finance CEO Panos Mekras said the remaining challenge is bringing actual assets and liquidity onto the ledger. Price snapshot - At press time, XRP was trading at $2.15. Bottom line If Permissioned Domains clears the 80% validator threshold and the PermissionedDEX follows, XRPL could offer a practical path for regulated players to run permissioned, compliant markets and lending directly on a public blockchain — potentially expanding institutional use cases for the network without sacrificing on-chain speed or transparency. Read more AI-generated news on: undefined/news

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