XRP Ledger (XRPL) Validator Vet has revealed a new upgrade that could soon be launched on the network as Ripple continues to expand. Specifically, he highlighted the new escrow service and what it could mean for token holders.
XRPL Validator highlights new XRP escrow service as Ripple expands
in Share XVet stated that “XRP collateral on steroids” could be coming soon. He noted that this feature will combine Zero Knowledge Proof (ZKP) and Smart Collateral (programmable collateral), which he described as a powerful combination. The XRPL validator also explained that this escrow service will be similar to using off-chain data via Chainlink in ZKP that the network verifies locally. This will enable token guarantees through verified off-chain events.
In terms of what would be required to implement this on Ripple’s XRP Ledger, the auditor stated that they would need ZKP host functionality and smart escrow accounts. It is worth noting that XRPL was recently integrated ZK’s original technology, enabling on-chain privacy for institutional investors, has been described by network stakeholders as the missing piece for institutional adoption.
Ripple developers also continue to roll out new upgrades to boost XRP Ledger adoption. This includes upgrades such as a permitted DEX and dedicated areas for institutional investors to trade in a regulated environment. Meanwhile, proposed upgrades, such as a Original lending protocol To enhance the use case for XRP, it is being considered.
The vet highlighted how these upgrades already seem to be paying off. In another Share XHe noted that there has been a significant increase in RWA issuance on the XRP Ledger across the board. The XRPL auditor also noted that the network has become a stronger distribution platform for asset issuers, with new XRP integrations every week.
XRP Treasury Firm Highlights 8x Growth in XRPL Tokenized Treasuries
in Share XRipple-backed XRP treasury company, Evernorth, has unveiled a token US Treasuries on XRPL It has grown from $50 million 12 months ago to $418 million as of today. This represents an 8-fold increase in one year. The company also noted the transfer volume, indicating the enterprise adoption the network is currently seeing.
Evernorth stated that the volume of transfer of these US Treasury bonds are symbolic On the XRP Ledger in 2025 it was $70 million. Meanwhile, this year’s conversion volume is already $352 million, representing a 5x increase year over year (YoY), with just four months into the year. In line with this, the Ripple-backed company noted that more US Treasuries are being tokenized on XRPL, and those already on the network are being traded more frequently.
Related reading: Why does Ripple keep opening and selling millions of XRP every month?
At the time of writing, the price of XRP is trading at around $1.36, down over 2% over the past 24 hours, according to Data From Coin Market Cap.
Featured image from Pxfuel, chart from Tradingview.com
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