Ripple's stablecoin RLUSD could be affected as the XRP Ledger (XRPL) moves into a validator voting stage on a "Permission Delegation" feature.

According to blockchain outlet U.Today on Aug. 22 local time, RLUSD product head Lauren Berta (로런 베르타) said the feature could bring an important change to the operation of regulated tokens, including RLUSD.

The feature is an XLS-75 amendment included in xrpld 3.3.0, an XRP Ledger reference server implementation released earlier this month. Its formal name is "PermissionDelegationV1_1: Granular account Permission Delegation" and it is designed to let an issuer delegate granular permissions to specific accounts.

On the XRP Ledger, the token-issuing account currently manages core functions directly, including issuance and freezing, clawback, and trustline approvals. But issuers of regulated tokens often split such tasks among multiple groups such as compliance, operations and security.

Berta said permission delegation could give a compliance team freezing and clawback authority, an operations team issuance and burning authority, and a know-your-customer (KYC) service provider trustline approval authority. She said each group could perform only the needed functions with separate keys while keeping the issuing account secure.

She said the structure is similar to operating models stablecoin issuers have adopted on other blockchains. If introduced, RLUSD could receive support for the same structure at the protocol level on the XRP Ledger. She added that permission delegation works differently from multisignature.

Multisignature is a method in which multiple participants jointly approve a transaction. Permission delegation, by contrast, allows a specific account to perform defined functions on behalf of another account. Berta said, "If multisig is a way of dividing approval authority, permission delegation is a way of dividing responsibility," and said the problems the two features seek to solve are different. She added that delegating permissions does not mean the issuer gives up control of the account.

The structure was presented as necessary not only for stablecoin issuers but also for real-world asset (RWA) tokenisation operators and asset managers seeking to put regulated financial products on-chain. A key point is that the feature is tailored to institutional demand where different teams must handle asset movements, compliance enforcement and security management.

Ripple said that while the amendment remains in a validator voting stage, the RLUSD team is conducting parallel development and testing on a developer network in preparation for enabling the feature. That means it has begun preparatory work on the assumption of actual adoption.

RLUSD circulation is also growing in this situation. Total RLUSD circulation has recently exceeded $2 billion. If permission delegation is enabled, RLUSD would be able to apply a more granular institutional operating framework on the XRP Ledger, and it could also affect how other regulated tokens are issued.

Permission Delegation is currently up for validator voting on the XRP Ledger, and it has the potential to unlock an important capability for institutions issuing regulated assets on XRPL. Here's why that matters for $RLUSD and every regulated token on the ledger.