RippleX Announces XRPL v2.3 Upgrade—Introduces Multi-Purpose Tokens, Credentials, and Clawback Support for AMMs

RippleX—the development arm of Ripple Labs—announced earlier today that nearly 80% of servers have already upgraded to the latest version of the XRP

Nearly 80% of servers have already upgraded to the latest version of the XRP Ledger software, rippled v2.3.0, according to an announcement by RippleX—the development arm of Ripple Labs. This update, poised to bring eight new amendments, marks one of the most comprehensive overhauls of the ledger to date.

In a post shared on X (formerly Twitter), RippleX stated: “Upgrade to XRPL v2.3.0. We're nearing 80% of servers upgraded! … Once the first 2.3 amendment is adopted, all 2.2.x and older servers will disconnect from the network.”

According to official documentation on the XRPL Blog, version 2.3 of rippled delivers not only novel features—such as Multi-Purpose Tokens (MPTs), Credentials, and Clawback support for Automated Market Makers (AMMs)—but also a critical set of stability fixes. RippleX has urged server operators to upgrade “as soon as possible” to avoid disruption.

The upgrade introduces eight amendments that are still open for voting, reflecting the XRPL's decentralized governance model. Under this model, an amendment must receive more than 80% support from trusted validators over a period of two weeks before it is adopted. The new features and fixes include:

XLS-70 Credentials: This amendment “introduces the ability to issue Credentials on the ledger and use these Credentials to pre-approve incoming payments when using Deposit Authorization.” Operators can create a DepositPreauth object linked to a particular issuer, and only those “authorized by the specified issuer (and get credentials from them) will be allowed to send the payments.”

XLS-33 Multi-Purpose Tokens: This feature establishes a new form of fungible token optimized for institutional DeFi, such as stablecoins. It is designed to expand use cases by offering more flexibility in how tokens are issued and managed.

XLS-37 AMM Clawback: Designed to facilitate clawback-enabled tokens within the AMM ecosystem, this amendment provides “appropriate guardrails” for those who need the option to reclaim tokens from liquidity pools under specific conditions.

XLS-52 NFTokenMintOffer: This allows creating an NFT sell offer as part of minting a new NFT. By combining minting and listing into a single transaction, the ledger aims to streamline NFT-related operations.

fixAMMv1_2: Addresses “two bugs in Automated Market Maker (AMM) transaction processing.” This ensures more robust behavior when executing AMM-related transactions.

fixNFTokenPageLinks: Remedies an issue “that can cause NFT directories to have missing links” and introduces a transaction mechanism to repair any corrupted ledger state.

fixEnforceNFTokenTrustline: Fixes “two bugs in the interaction between NFT offers and trust lines,” improving NFT offer management and trust line consistency.

fixInnerObjTemplate2: Standardizes “the way inner objects are enforced across all transaction and ledger data.” This creates greater uniformity and predictability in ledger data validation.

In addition, there is a partially implemented amendment named InvariantsV1_1, which is not open for voting yet. Its initial focus is on ensuring that “ledger entries owned by an account are deleted when the account is deleted,” among other upcoming safeguards.

The new version also discontinues certain features. History Shards have been removed, with RippleX advising that those needing deeper ledger history should transition to a Clio server. Reporting mode is also removed, as part of ongoing efforts to streamline the system.

Further improvements include “allowing configuration of SQLite database page size” and a library enhancement for libxrpl to “provide a list of known amendments.” Multiple bugs—ranging from AMM crash scenarios and race conditions to inconsistencies in certain API methods—are also addressed.

At press time, XRP traded at $2.30.