XRP Ledger 3.0.0 Update Strengthens Accounting, APIs, and Protocol Foundations
The XRP Ledger (XRPL) has released version 3.0.0 of its reference server software, rippled, introducing a broad set of amendments, bug fixes, and internal improvements to enhance accounting accuracy, developer tools, and long-term protocol reliability.
XRPL server operators are required to upgrade to maintain network compatibility, according to RippleX, the team overseeing the ledger’s core software. While the release does not include major user-facing features, it addresses subtle ledger inconsistencies, refines API behavior, and restructures core code in preparation for future protocol upgrades — a key step as XRPL expands into tokenization, DeFi, and institutional applications.
A major fix, fixTokenEscrowV1, corrects an accounting error for multi-purpose tokens (MPTs) held in escrow. Previously, escrowed tokens with transfer fees were released using the gross amount instead of the net, creating compounding discrepancies in supply tracking. The update ensures accurate balances as tokenized assets increasingly rely on XRPL’s escrow and fee mechanisms.
Other amendments target automated market makers (AMMs), price oracles, and token delivery metadata. Additional updates improve consensus stall detection, logging, JSON parsing, and CI tooling, while stricter signature verification and validator manifest warnings enhance network security.
By correcting token accounting, enforcing tighter APIs, and refactoring core systems, XRPL 3.0.0 reinforces the ledger’s infrastructure for complex financial use cases and institutional adoption.
