MPTs live on the XRP Ledger.

Multi-Purpose Tokens are now live on XRPL as of October 1st, 2025. You can issue a token and configure it accordingly:

• How many can exist
• Who is allowed to hold it
• The ability to pause movement if something looks wrong
• A way to attach the facts the market needs to see

The result is fewer custom builds and more predictable behavior across wallets, custody, and reporting.

Wietse Wind shared that the XRPL Labs validator voted against enabling MPTs at this time. Not against the feature, but rather against the timing, given limited ecosystem testing. The network enabled it based on majority rule (validator supermajority), which is validator governance in real-time.

He also shipped Xaman 4.3.0 with MPT support the same day. Despite disagreeing on timing, they still supported users once it was live. It's a great example of shipping responsibly.

Testing matters in any software system. Participants need to trial MPTs together and understand how they interact with existing flows like escrow and compliance controls. The earlier edge cases arise, the easier it is to scale with confidence.