XRP Ledger Launches Restricted Decentralized Exchange, Promoting Institutional-Level DeFi Development

XRP Ledger (XRPL) has now enabled the 'Restricted DEX' feature, allowing banks and fintech companies to trade in a regulated environment while maintaining decentralization.

This DEX uses an 'Authorized Domain' mechanism to only allow verified accounts to access specific order books, meeting institutional KYC/AML compliance requirements.

Ripple states that this feature is suitable for B2B payments, wage stablecoin exchanges, and corporate financial management, marking an important step for XRPL towards institutional-level DeFi.