Ripple: Asset Managers Prepare XRP Ledger Payments Upgrade

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Asset managers are preparing for the XRP Ledger's Batch V1.1 upgrade, which will link asset and payment transfers. Commercial projects are being developed around this feature after a security review.

Key facts

• Asset managers are preparing for the Batch V1.1 upgrade on the XRP Ledger.
• The Batch V1.1 upgrade aims to link asset and payment transfers so they either succeed or fail together.
• Commercial projects are being developed around this new feature.
• The development follows an extensive security review of the upgrade.
• The upgrade is designed to enhance the functionality of the XRP Ledger for financial transactions.