The post XRP Ledger Dead Man’s Switch Amendment Resurfaces, Community Weighs In appeared on BitcoinEthereumNews.com. The need for XRP Ledger (XRPL) to consider The post XRP Ledger Dead Man’s Switch Amendment Resurfaces, Community Weighs In appeared on BitcoinEthereumNews.com. The need for XRP Ledger (XRPL) to consider

XRP Ledger Dead Man’s Switch Amendment Resurfaces, Community Weighs In

The need for XRP Ledger (XRPL) to consider an automatic inheritance mechanism has again been reemphasized. A member of the community on X with the user name Leonidas noted that having this mechanism in place will prevent XRP from being permanently lost due to death or inactivity.

XRPL dead man’s switch proposal to prevent loss of XRP

Leonidas shed light on an earlier proposed XRP Ledger “dead man’s switch” amendment. He stated that the amendment is to guarantee an automatic transfer of assets to pre-set beneficiaries after an account has been inactive for a specified period of time.

This idea was originally suggested by XRPL contributor Kris Dangerfield in November 2024. Just like Leonidas, Dangerfield believes the dead man’s switch will enhance user safety and adoption. After his suggestion, progress on implementation stalled until September 2025.

Currently, given the security associated with self-custody wallets, if someone loses their private keys or dies without sharing their details, the asset becomes permanently inaccessible. Hence, Leonidas believes activating the XRPL dead man’s switch could prevent associated loss of assets.

Notably, millions of dollars’ worth of crypto assets, including XRP, have already been lost due to the death of the holder or loss of the private key. However, if a “dead man’s switch” is added to XRP Ledger, it will serve as a fail-safe mechanism.

The idea is that if the original account shows no activity for a predefined period, the system would automatically transfer the XRP to the beneficiary’s account. This will prevent the loss of XRP upon the death of the original holder.

Leonidas believes that the implementation of a dead man’s switch could reduce the fear of losing funds forever. The feature will also make self-custody more attractive and increase long-term confidence in holding XRP outside exchanges.

XRPL utility push gains momentum

You Might Also Like

In another development, a top Ripple developer Panos Mekras has advocated for a shift in speculative trading of XRP. Mekras charged the community to build network utility and make XRP Ledger a leading chain.

He opines that this will make for mass adoption and prevent XRPL from fading into irrelevance. Mekras insists that real usage and network activity will strengthen XRPL and stop it from underperforming relative to other blockchains.

Meanwhile, the COO of XRPL Labs and Xaman Wallet, Robert Kiuru, has said the next frontier of the XRP Ledger ecosystem will be batch transactions. According to Kiuru, to make XRPL more sustainable, there is a need to build and operate proper businesses on the ledger.

Source: https://u.today/xrp-ledger-dead-mans-switch-amendment-resurfaces-community-weighs-in

Market Opportunity
XRP Logo
XRP Price(XRP)
$2.074
$2.074$2.074
+2.03%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trust Wallet issues security alert: It will never ask users for their mnemonic phrase or private key.

Trust Wallet issues security alert: It will never ask users for their mnemonic phrase or private key.

PANews reported on January 17 that Trust Wallet issued a security warning on its X platform, stating that it will never ask users for their mnemonic phrases or
Share
PANews2026/01/17 21:10
Trust Wallet Alerts Users After Security Incident

Trust Wallet Alerts Users After Security Incident

The post Trust Wallet Alerts Users After Security Incident appeared on BitcoinEthereumNews.com. Key Points: Trust Wallet issues alert after $7 million theft from
Share
BitcoinEthereumNews2026/01/17 21:43
Tokenized Assets Shift From Wrappers to Building Blocks in DeFi

Tokenized Assets Shift From Wrappers to Building Blocks in DeFi

The post Tokenized Assets Shift From Wrappers to Building Blocks in DeFi appeared on BitcoinEthereumNews.com. RWAs are rapidly moving on-chain, unlocking new opportunities for investors and DeFi protocols, according to a new report from Dune and RWAxyz. Tokenized real-world assets (RWAs) are moving beyond digital versions of traditional securities to become key building blocks of decentralized finance (DeFi), according to the 2025 RWA Report from Dune and RWAxyz. The report notes that Treasuries, bonds, credit, and equities are now being used in DeFi as collateral, trading instruments, and yield products. This marks tokenization’s “real breakthrough” – composability, or the ability to combine and reuse assets across different protocols. Projects are already showing how this works in practice. Asset manager Maple Finance’s syrupUSDC, for example, has grown to $2.5 billion, with more than 30% placed in DeFi apps like Spark ($570 million). Centrifuge’s new deJAAA token, a wrapper for Janus Henderson’s AAA CLO fund, is already trading on Aerodrome, Coinbase and other exchanges, with Stellar planned next. Meanwhile, Aave’s Horizon RWA Market now lets institutional users post tokenized Treasuries and CLOs as collateral. This trend underscores a bigger shift: RWAs are no longer just copies of traditional assets; instead, they are becoming core parts of on-chain finance, powering lending, liquidity, and yield, and helping to close the gap between traditional finance (TradFi) and DeFi. “RWAs have crossed the chasm from experimentation to execution,” Sid Powell, CEO of Maple Finance, says in the report. “Our growth to $3.5B AUM reflects a broader shift: traditional financial services are adopting crypto assets while institutions seek exposure to on-chain markets.” Investor demand for higher returns and more diversified options is mainly driving this growth. Tokenized Treasuries proved there is strong demand, with $7.3 billion issued by September 2025 – up 85% year-to-date. The growth was led by BlackRock, WisdomTree, Ondo, and Centrifuge’s JTRSY (Janus Henderson Anemoy Treasury Fund). Spark’s $1…
Share
BitcoinEthereumNews2025/09/18 06:10