XRP Ledger has activated the XLS-81 “Permissioned DEX” amendment enabling gated trading venues for regulated institutions, but XRP (CRYPTO: XRP) is still struggling to regain momentum.
The Members-Only Exchange
XLS-81 creates controlled versions of XRPL’s built-in decentralized exchange where only approved participants can place and accept trades.
Think of it as a members-only marketplace with trading mechanics native to the ledger but access restricted to institutions that meet compliance requirements.
The feature targets banks and brokers that want blockchain-based settlement and liquidity but cannot interact with fully open DeFi markets.
For these players, controlling access isn’t optional—it’s the minimum requirement tied to know-your-customer and anti-money-laundering checks.
The timing matters as last week, XRPL activated XLS-85 Token Escrow, extending native escrow functionality beyond XRP to all trustline-based tokens including stablecoins like RLUSD and tokenized real-world assets.
Together, …