Ripple prepares to dominate the $24 billion RWA market by integrating controversial new permissioned layer

On Feb. 4, the XRP Ledger (XRPL) activated the highly anticipated Permissioned Domains with 91% validator approval.

At first glance, the approval appears contradictory, as it involves a public blockchain hosting “permissioned” zones.

However, a deeper look at the mechanics shows how the upgrade operates. Permissioned Domains introduces an on-ledger access-control object that enables other network features to reference and restrict participation to digital wallets that hold specific on-chain…