Token Escrow on XRPL could force new XRP demand, but only if this adoption hurdle breaks

On Feb. 12, RippleX, Ripple’s development arm, announced that Token Escrow is now live on the XRP Ledger’s (XRPL) mainnet.

The change, labeled Token Escrow (XLS-85), extends conditional locking and release to trustline-based tokens (IOUs) and Multi-Purpose Tokens (MPTs).

This expands the network’s escrow function beyond XRP to cover issued assets used for stablecoins and tokenized instruments.

The upgrade lands as stablecoins continue to expand as crypto’s most established product line. CryptoSlate’s…