The XRP Ledger has partnered with Boundless to introduce bank-grade privacy for onchain transactions.
The integration will allow institutions to keep sensitive data such as transaction size, counterparties and frequency private, while still enabling regulatory oversight through selective disclosure.
Boundless CEO Shiv Shankar said the system is designed to balance confidentiality with compliance, addressing a key barrier to institutional adoption of public blockchains.
The upgrade enables use cases including cross-border payments, treasury management, tokenised assets and decentralised finance activity where privacy is critical.
The move places XRPL in competition with other privacy-focused blockchain solutions such as zkSync and fully homomorphic encryption systems, as the industry races to solve the transparency-versus-privacy trade-off.
Demand for such solutions is rising as tokenised assets grow, with the market reaching $29.25 billion in April 2026, increasing pressure on networks to support institutional requirements.
The development signals a broader shift toward embedding privacy at the base layer of blockchain infrastructure, rather than treating it as an optional feature.
At the time of reporting, XRP price was $1.36.