XRPL 3.0.0 introduces TokenEscrowV1 to fix MPT escrow accounting with transfer fees, preventing LockedAmount supply drift.
The amendment requires validator approval to activate, ensuring consistent escrow completion behavior across network nodes.
Ripple has released XRP Ledger version 3.0.0 and urged validators and node operators to upgrade without delay. The release targets an escrow accounting bug found during internal testing of token escrow for issued assets. Ripple said the fix supports consistent settlement behavior when institutions use time-locked or condition-based token delivery on XRPL.
Why This Crucial For The XRP Ledger
Escrow is a long-standing XRPL function used for scheduled transactions and conditional releases. It has historically worked with XRP only, which limited how issuers could use escrow for their own tokens. The XLS-85 Token Escrow proposal extends escrow to other issued assets, including IOUs and multi-purpose tokens, enabling escrowed delivery beyond XRP
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