Overview
- XRPL mainnet enabled Permissioned Domains via the XLS-80 amendment with roughly 91% validator approval, surpassing the protocol’s 80% threshold.
- The Permissioned DEX has cleared validator consensus and is in a standard two-week activation window to turn on domain-restricted order books for credentialed accounts.
- Domains are on-ledger objects that list accepted credentials aligned with XLS-70, granting access automatically to wallets with a matching, non-expired credential while failing noncompliant domain-aware transactions at the protocol level.
- The design validates authorization signals without putting personal identity data on-chain, supporting KYC/AML controls while preserving privacy.
- Ripple and developers say the stack targets regulated trading, payments, lending, and tokenized asset activity, with early success measured by credentials issued, domains created, and pilot liquidity rather than immediate volume.