XRPL enables permission delegation for institutional stablecoin and custody use

XRP Ledger has enabled Permission Delegation, a feature that lets companies and institutions authorize other accounts to perform specific on-chain tasks without sharing a master key, CoinDesk reported. The feature allows institutions to retain control over core assets while assigning functions such as payments and asset management to separate accounts, and it is expected to improve security and operational efficiency for institutional stablecoin operations and crypto custody services.