XRP Ledger launches a controlled DEX, paving the way for institutional DeFi

XRP Ledger has just activated a permissioned DEX model (permissioned DEX), allowing financial institutions such as banks and fintechs to trade in a legally compliant environment while still holding decentralization.

This DEX operates through a "licensed zone", allowing only verified accounts to access certain order books – in compliance with KYC/AML requirements.

According to Ripple, the new system is particularly suitable for B2B payments, stablecoin conversion for payroll, and corporate treasury management, marking a significant advancement for institutional DeFi on XRPL.