By Isaac • October 9, 2026 7:07 pm •
The XRP Ledger just switched on a feature that looks technical on the surface but solves a very practical problem for institutions: how do you let employees and service providers do specific jobs without handing them the keys to the entire treasury?
PermissionDelegationV1_1 went live on October 8. It allows an XRPL account to authorize separate accounts to perform narrowly defined actions on its behalf while the main account keeps control of its own credentials.
That matters because the old choice was often too blunt. A company could keep its most powerful keys offline, which is safer but makes routine operations harder, or it could put broader signing authority on an online system, which is convenient
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