Ripple says asset managers are preparing for XRP Ledger’s next payments upgrade
Ripple announced that asset managers are preparing for the activation of "Batch V1.1" on the XRP Ledger, an upgrade allowing multiple transactions to be grouped into a single, all-or-nothing operation. This feature is crucial for atomic transactions like delivery-versus-payment and integrating service fees, with its activation countdown already underway after securing sufficient validator support.
Why it matters
This upgrade enhances the efficiency and security of transactions on the XRP Ledger, potentially increasing its adoption for institutional use cases and improving the functionality for exchanges and wallets.
The feature, called Batch V1.1 , can combine as many as eight transactions into a single operation. Its all-or-nothing mode ensures that every transaction succeeds or the entire group is canceled, avoiding cases in which one side of a deal settles while the other fails.
“We’ll be sharing more once the feature is live, including work with key asset managers,” Ayo Akinyele, head of engineering at RippleX, said in comments shared with CoinDesk.
“Batch allows multiple transactions to be grouped together so they either all execute or none do,” Akinyele said. “That is particularly important for use cases like delivery-versus-payment, where the asset and payment need to move atomically.”
Delivery-versus-payment links the transfer of an asset to its payment. Instead of trusting one party to send first, the ledger completes both legs together or neither of them.
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