Crypto
XRP Ledger overhauls multisig approval structure to boost institutional use
XRP Ledger (XRPL) is pursuing an upgrade to move multisignature transaction approvals on-chain. The proposal, called On-Chain Cosigner, was submitted to the XRP Ledger Standards repository. If adopted, signers could complete approvals within XRPL without external communications or a central coordinator. The change aims to address coordination risks in the current off-chain process and is designed to support enterprise and institutional needs, including batch transactions, fee and reserve sponsorship, and future lending protocol operations.
