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Ripple transferred 200 million XRP, and the XRPL privacy protocol PermissionDelegationV1_1 was activated today.
On-chain data shows that Ripple transferred 200 million XRP to an internal address at 9:37:31 UTC today, followed by another transfer of 20 million XRP to a new address. This fund movement coincides with the activation of the XRP Ledger's PermissionDelegationV1_1 protocol amendment at 21:25 UTC today. This update allows enterprise account owners to assign up to 10 specific roles, such as compliance or internal audit, to third-party applications or sub-teams via DelegateSet transactions without exposing the main private key.
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