Ripple says asset managers are preparing for XRP Ledger’s next payments upgrade
The upcoming Batch V1.1 can make linked asset and payment transfers succeed together or fail together, and Ripple says commercial projects are already being built around the feature after an extensive security review.
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Summary
- Ripple says asset managers and other commercial projects are preparing to use Batch V1.1, which can group up to eight XRP Ledger transactions so they all settle or all fail.
- The upgrade could support delivery-versus-payment transactions and allow exchanges, wallets and marketplaces to process service fees alongside customer payments.
- Batch V1.1 is expected to activate shortly after Sept. 29 if validator support remains above 80 percent, following a redesign and extensive security review prompted by a critical flaw in the original version.
