XRPL AMMClawback upgrade goes live – Effect on XRP’s price will be… – BitRss

• XRPL has introduced AMM ($0.02) pools for Ripple’s USD (RLUSD)
• XRPL AMMClawback enhances the layer-1 network by eliminating traditional order blocks

XRPL AMMClawback upgrade goes live

After months of speculations, XRP ($2.87) Ledger has finally upgraded the AMMClawback amendment to improve regulatory compliance for AMM pools.

According to XRP.org, the new amendment introduces new guidelines for liquidity providers, especially on tokens that have regulatory requirements.  Therefore, the upgrade will facilitate token providers to retrieve assets from AMM pools under defined conditions.

As such, if a certain asset or token is frozen, users cannot use the same liquidity pool to deposit new assets. This will help in preventing any associated transactions involving these frozen assets, thus enhancing regulatory compliance.

AMMClawback role in XRP/RLUSD

Notably, this upgrade is even more significant for RLUSD. This, because the AMMs will eliminate the need for traditional order books – Allowing smooth and seamless trading and liquidity provisions.

Therefore, RLUSD holders will enjoy rewards from liquidity pools since the new feature allows RLUSD participation in AMM pools.

Importantly, the upgr…