Ripple has announced a new development roadmap for the XRP Ledger (XRPL), aiming to transform it into a competitive hub for real-world asset tokenisation and regulated on-chain financial services. The roadmap includes a native lending protocol, the Multi-Purpose Token (MPT) standard, and two compliance features: Credentials and Deep Freeze. Ripple plans to introduce Zero-Knowledge Proofs (ZKPs) in 2026, cryptographic tools that allow transactions to be verified without revealing sensitive details. The first application will be confidential Multi-Purpose Tokens (MPTs), scheduled for early 2026. Ripple’s focus on compliance, security, and privacy could carve out a niche in regulated finance. The roadmap lays the groundwork to challenge competitors and expand XRPL’s footprint in institutional finance. The success of this effort hinges on adoption, with Ripple’s success hinged on attracting liquidity and establishing partnerships with major financial institutions.