XRP Ledger Activates XLS-80 Permissioned Domains After 91% Validator Vote

The XRP Ledger (XRPL) activated amendment XLS-80 after more than 91% of validators approved it and the mandatory two-week activation window closed. XLS-80 adds optional, credential-based permissioned domains on the public XRPL that let participants enforce identity, licensing or jurisdictional rules while preserving the open-ledger settlement model. The feature builds on the XLS-70 credentials framework and introduces new ledger objects and transactions (e.g., PermissionedDomain, PermissionedDomainSet/Delete). Ripple developers say a full permissioning stack for institutional use will follow, and a permissioned decentralized exchange running inside XRPL’s native trading engine has already reached validator consensus and is scheduled to activate soon. Separately, the XLS-66d lending amendment entered governance voting after release of XRPL node v3.1.0; 34 validators began votes to enable on-ledger, fixed-term (30–180 day) loans for professional participants, with loan terms recorded on-ledger and underwriting checks performed off-chain. For traders: these updates introduce credentialed trading environments and on-ledger fixed-term lending constructs that are likely to attract institutional liquidity to XRPL order books and liquidity pools once the permissioned DEX and permission stack go live. Primary keywords: XRPL, XLS-80, permissioned domains; secondary keywords: permissioned DEX, XLS-66d, institutional liquidity, on-ledger lending.
Bullish
The activation of XLS-80 introduces credential-gated permissioned domains and signals a clear push toward institutional-grade compliance on the XRPL. This reduces barriers for regulated counterparties to access XRPL liquidity without requiring private chains, which should attract institutional order flow and larger capital. The impending activation of a permissioned DEX inside the native XRPL trading engine and the XLS-66d proposal for on-ledger fixed-term loans further enhance market infrastructure—permissioned trading venues can increase bid/ask depth and on-ledger lending can add yield-bearing activity and margin-like mechanisms. In the short term, price impact may be modest but positive as market participants price in increased institutional demand and improved trading primitives. In the medium-to-long term, the cumulative effect of permissioning, a permissioned DEX, and on-ledger lending is likely to be supportive for XRP’s demand and liquidity, making this news bullish for XRP specifically. Risks that could temper upside include slower-than-expected adoption, regulatory headwinds, or implementation issues during rollouts.