Ripple proposes XLS-33 tokens to hide XRPL balances while keeping total supply verifiable for institutional use. XLS-33 uses zero-knowledge proofs and EC-ElGamal encryption to secure transactions without revealing amounts. Issuers can freeze, audit, or clawback tokens, keeping compliance intact for large banks on XRPL. Ripple has proposed a new token standard, XLS-33, called Confidential Multi-Purpose … Continue reading Ripple Proposes Confidential XLS-33 Tokens Hiding XRP Balances For Big Banks