Enhanced XRP Ledger Sets Stage for Lending and Tokenization Growth

XRP Ledger 3.0.0 Update Enhances Accounting, Developer Tools, and Protocol Reliability

The XRP Ledger (XRPL) has rolled out version 3.0.0 of its reference server software, rippled, bringing a range of amendments, bug fixes, and internal updates aimed at improving accounting accuracy, developer tooling, and long-term protocol flexibility.

Server operators are required to upgrade to maintain network compatibility, according to RippleX, the team overseeing the ledger’s core software. While the release does not include major user-facing features, it focuses on correcting ledger inconsistencies, tightening API behavior, and refactoring code in preparation for future protocol upgrades — a critical step as XRPL expands into tokenization, DeFi, and institutional applications.

A notable fix, fixTokenEscrowV1, addresses an accounting error affecting multi-purpose tokens (MPTs) held in escrow. Previously, when escrowed tokens with transfer fees were released, the ledger subtracted the gross amount rather than the net amount after fees, creating small but compounding discrepancies in supply tracking. The update ensures accurate accounting, particularly as more tokenized assets utilize XRPL’s escrow and fee systems.

Additional amendments improve edge-case handling for automated market makers (AMMs), price oracles, and token delivery metadata. Updates also enhance consensus stall detection, logging, JSON parsing, and CI tooling. Security improvements include stricter signature verification and higher warning levels for malformed validator manifests.

By fixing token accounting, strengthening APIs, and refactoring core systems, XRPL 3.0.0 reinforces the ledger’s foundations for more complex financial and institutional use cases.