News
Public · Published
XRPL Developers Explore KYC-Only Liquidity Pools for Banks and Institutions
A new XRPL standards idea would extend Permissioned Domains, which are restricted access areas, to AMMs, which are automated trading pools, letting banks provide onchain liquidity without trading with unverified wallets.
Published:
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What happened
A new XRPL standards idea would extend Permissioned Domains, which are restricted access areas, to AMMs, which are automated trading pools, letting banks provide onchain liquidity without trading with unverified wallets.
Confirmed
Global impact / market context
If adopted, banks could add money to onchain trading pools while limiting trades to checked customers, which means they avoid unverified wallets. That could bring more institutional cash into XRPL trading, but it may reduce open access for ordinary users.
Analyst inference
Permissioned Domains already let XRPL users restrict who can access certain features. Extending them to AMMs, which are automated trading pools, would let banks join onchain markets under identity checks. This reflects a broader push to blend traditional finance rules with crypto trading.
Analyst inference
What to watch
- The idea is a standards proposal on XRPL, so it must go through review before becoming an official feature that developers can use. Confirmed
- The proposal would extend Permissioned Domains, which are restricted access areas, to AMMs, which are automated trading pools, allowing banks to provide onchain liquidity only to verified wallets. Proposed
- If banks adopt this, XRPL trading pools could see more institutional money, but access for unverified users might shrink, changing who can trade. Analyst inference