Ripple Enables Permissioned Domains and DEX to Open XRPL to Regulated Banks

Published: 2026-02-09 15:27:12 |

Ripple has activated Permissioned Domains on the XRP Ledger (XRPL) and will launch a Permissioned DEX on February 18, creating a compliance-verified, institution-only on-chain trading environment. Permissioned Domains require participant verification and regulatory compliance, addressing banks’ primary concern about unknown liquidity providers and counterparty compliance that previously blocked on-chain settlement. The Permissioned DEX will restrict trading to verified institutions and institution-only liquidity pools, connecting Ripple’s network of 300+ financial partners to on-chain settlement and potentially unlocking billions in institutional flows. For traders, this increases the likelihood of larger, compliant institutional flows into XRPL and could boost utility demand for XRP as a settlement liquidity tool. Expected impacts include higher on-chain volumes for XRP and tokenized assets, stronger use-case visibility for cross-border payments and tokenized commodities, and positioning XRPL as a regulated, high-speed hub for institutional settlement. Key SEO keywords: XRPL, Ripple, Permissioned DEX, Permissioned Domains, institutional liquidity, on-chain settlement.

Bullish

This development is likely bullish for XRP. Short-term, the launch may trigger positive sentiment and speculative buying as traders anticipate larger institutional flows and increased utility demand for XRP as a settlement asset. Expect higher on-chain volume and volatility around the Permissioned DEX launch date. Medium-to-long term, enabling verified institutional liquidity pools removes a major regulatory and compliance barrier for banks, which could materially increase stable, high-volume flows into XRPL. That supports sustained demand for XRP as a bridge/settlement token and strengthens XRPL’s network effects for tokenized assets and cross-border settlement. Risks that could moderate the bullish impact include slower-than-expected onboarding of banks, regulatory setbacks in major jurisdictions, or institutions using non-XRP rails for settlement. Overall, probability favors higher demand and improved market structure for XRP given successful adoption.