XRP Ledger Launches Permissioned DEX, Unlocks Institutional DeFi Access

XRP Ledger has activated a permissioned decentralized exchange (DEX), enabling banks and fintechs to trade in a regulatory-compliant yet decentralized environment.

The DEX uses “Permissioned Domains” to restrict access to certain order books to verified accounts, meeting KYC and AML requirements.

According to Ripple, the model is ideal for B2B payments, payroll stablecoin conversions, and corporate treasury — a major step forward for institutional DeFi on XRPL.