Ripple’s developer arm has floated a blueprint to bring privacy-coin-like functionality to the XRP Ledger—without abandoning the network’s long-standing emphasis on public supply integrity and compliance tooling.

In a new XRP Ledger Standards (XRPLF) discussion opened on September 13, Ripple engineers Murat Cenk and Aanchal Malhotra propose “Confidential Multi-Purpose Tokens (MPTs),” an amendment that would encrypt balances and transfer amounts using EC-ElGamal and zero-knowledge proofs, while preserving the accounting semantics of XRPL’s existing MPT framework. RippleX subsequently highlighted the proposal on X, drawing mainstream attention to what could be the most consequential privacy addition yet considered for XRPL.

Is XRP Becoming A Privacy Coin?

At its core, the draft introduc

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