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XRP Ledger Adds Confidential Transfers | Bitcoin and Crypto News
Description
Ripple’s XRP Ledger is gearing up for a major upgrade with “Confidential Transfers,” a privacy feature designed for big financial institutions tokenizing real-world assets like bonds and funds—already worth over half a billion dollars on the ledger. This tool lets institutions hide exact transaction amounts and account balances while still proving transfers happened and what tokens were moved, using clever cryptography to keep sensitive data locked away. The move follows recent wins like Aviva Investors launching a tokenized fund on the ledger, showing strong institutional adoption. Alongside this, five other upgrades are proposed—including transaction batching, fee delegation, granular admin controls, and post-issuance token tweaks—all needing 80% validator approval and two weeks of consensus before launch. The real test? Will institutions actually adopt these privacy tools when they’re ready.
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