XRP News Today: XRP Ledger’s Credentials Amendment Redefines Compliance on Blockchain

The XRP Ledger is set to implement a significant update aimed at enhancing compliance and authorization capabilities on the network. Dubbed the "Credentials" amendment, the update is scheduled to go live on September 4, 2025, at 3:51:21 AM UTC. This development marks a pivotal step in the blockchain’s efforts to align with regulatory frameworks and improve tools for managing KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements. The Credentials amendment has received strong community support, with 82.86% of the 35 votes cast in favor of its activation.

This update introduces three new transaction types—CredentialCreate, CredentialAccept, and CredentialDelete—enabling users and institutions to create, accept, and remove credentials for compliance purposes on the XRP Ledger. These transactions will allow for the secure and immutable tracking of user authorization, offering a transparent method of managing compliance data directly on the blockchain. Additionally, the amendment modifies existing transaction types and introduces a new ledger entry, further enhancing the XRP Ledger’s functionality for compliance and identity verification.

The Credentials amendment is expected to simplify the process of meeting global KYC and AML regulations, particularly for financial institutions and enterprises operating in the digital asset space. By enabling the on-chain management of compliance credentials, the XRP Ledger aims to provide a more efficient and secure alternative to traditional off-chain systems. This shift aligns with broader industry trends where blockchain solutions are increasingly designed to meet the needs of regulated sectors, such as banking and financial services.

The Credentials amendment follows the recent activation of three other network upgrades: fixAMMv1_3, fixEnforceNFTokenTrustlineV2, and fixPayChanCancelAfter. These amendments, introduced over the past week, aim to enhance the XRP Ledger’s performance by improving token trustlines and payment channel functionalities. These updates collectively contribute to the network’s growing appeal among enterprises seeking scalable and regulatory-compliant blockchain solutions. As a result, the XRP Ledger is strengthening its position as a viable infrastructure for institutional and enterprise use cases.

XRP’s price performance also reflects the network’s increasing relevance in the crypto market. Over the past year, XRP has surged by 400%, outperforming leading cryptocurrencies like Bitcoin and Ethereum, which posted gains of 88% and 73%, respectively. As of September 3, 2025, XRP is trading at $2.87, up 1.61% in the last 24 hours. Traders are closely monitoring key resistance levels at $3.09 and $3.38, with potential targets extending to $4 if these levels are successfully breached. The combination of robust price momentum and recent network upgrades highlights XRP’s evolving role in the digital asset ecosystem.

The activation of the Credentials amendment and the broader trend of regulatory alignment on the XRP Ledger indicate a growing interest from financial institutions and enterprises. These developments suggest that the XRP Ledger is becoming a preferred platform for organizations seeking to leverage blockchain technology while adhering to global compliance standards. As the network continues to evolve, its focus on functionality and regulatory compliance is likely to drive further adoption across a range of industries.

Source:

[1] XRP Ledger to Launch New Credentials Amendment for Compliance Tracking (https://coincentral.com/xrp-ledger-to-launch-new-credentials-amendment-for-compliance-tracking/)

[2] Major XRP Ledger Amendment to Officially Launch in Hours Details (https://u.today/major-xrp-ledger-amendment-to-officially-launch-in-hours-details)