On February 13, it was announced that the XRP Ledger has officially activated the token custody amendment XLS-85, allowing users to create custody accounts for issued interchangeable tokens. This means that, in addition to XRP itself, Trust Line tokens and Multi-Purpose Tokens (MPT) can also be locked on-chain under certain conditions, providing more flexible asset management options for decentralized finance and enterprise applications. The amendment regained support from 30 validators on January 30, 2026, reaching the activation threshold, and went live two weeks later. Previously, XLS-85 was close to passing in September 2025, but disagreements arose due to incompatibility issues with the MPT standard, causing support to drop to just 16 votes. XRPL dUNL validator Vet pointed out flaws in custody accounting related to transfer fees and supply tracking. The community subsequently released fixTokenEscrowV1 and incorporated it into Rippled v3.0.0, restoring confidence and driving final activation.

There is an ongoing discussion about whether XRP spot ETFs are triggering a "supply shock," which has been heating up recently in the crypto community. Some traders believe that the ETF custodial structure is rapidly absorbing market liquidity, potentially causing a sharp decline in tradable XRP supply. However, the latest on-chain data and validator perspectives strongly counter this claim. The controversy originated from a post on social platform X on December 27. The account unknowDLT claimed that the XRP ETF had absorbed a large amount of supply, leaving only about 1.5 billion XRP in exchanges, with roughly half recently consumed, and further speculating that an XRP supply shock could occur in early 2026. However, this assessment was quickly refuted by XRP Ledger validator Vet.