XRP Ledger About to Activate Important Institutional Building Block. Here’s What It Means

Key Points

1. The 'Credentials' amendment has secured 28 'Yes' votes and is close to activation, requiring 80% validator approval for two consecutive weeks.

2. Credentials provide a secure, privacy-preserving method for trusted issuers to operate on-chain without revealing personal information publicly.

3. This upgrade will support the upcoming Permissioned DEX, enabling compliant trading of XRP, stablecoins, and other tokenized assets on the XRPL.

4. The amendment positions XRPL as a bridge for institutional use cases like FX swaps, corporate treasury transfers, and tokenized asset markets.

5. Activation of Credentials is considered one of the most significant upgrades in XRPL history, potentially shaping its role in institutional blockchain adoption.