XRP Ledger (XRPL) released version 3.0.0 of its reference server software, Ripple, introducing an extensive set of amendments, bug fixes, and internal changes aimed at improving accounting accuracy, development tools, and long-term protocol extensibility.
Traders running XRPL servers must upgrade to the version to maintain network compatibility, according to RippleX, the development arm that oversees the main ledger software.
While the release does not feature any notable user-facing features, it focuses on fixing subtle inconsistencies in the ledger, adjusting API behavior, and restructuring the code ahead of future protocol updates. For a network that is increasingly positioning itself around tokenization, DeFi, and institutional-grade infrastructure, the updates are important.
One of the changes is fixTokenEscrowV1, which fixes an accounting bug affecting multipurpose tokens (MPT) held in escrow.
Previously, when escrow tokens that carried transfer fees were unlocked, the ledger reduced the issuer’s locked balance by the gross amount rather than the net amount after fees. Subtracting the incorrect number when escrow tokens were released, creating small but aggravating accounting errors, would, over time, lead to discrepancies between the reported supply and circulating balances.
The solution ensures that supply tracking remains consistent, especially as more tokenized assets utilize XRPL’s escrow and fee mechanisms.
Several other amendments address extreme issues between automated market makers (AMMs), price oracles, and token delivery metadata, areas that are increasingly important as XRPL expands beyond simple payments.
Beyond protocol-level changes, the update improves consensus lock detection, logging clarity, JSON parsing, and CI tools. These updates are aimed at operators and taxpayers rather than end users, and play a critical role in maintaining network reliability.
XRPL version 3.0.0 also increases warning levels for malformed validation manifests and strengthens signature verification logic – incremental changes that improve security hygiene without altering consensus rules.
By addressing token accounting edge cases, applying tighter APIs, and refactoring core systems, the update strengthens the foundation of the ledger as it evolves toward more complex financial use cases.
