dvp

According to CoinDesk, Ripple stated that asset management companies and other commercial projects are preparing to use the Batch V1.1 feature of the XRP Ledger. This feature allows up to eight transactions to be combined into a single operation and ensures that all transactions either succeed or fail in an all-or-nothing manner, avoiding situations where one party completes settlement while the other fails.This upgrade is expected to support Delivery Versus Payment (DVP) transactions, allowing asset transfers and payments to be completed simultaneously, while also enabling exchanges, wallets, and market platforms to directly attach service fees to customer transactions for processing.RippleX Engineering Director Ayo Akinyele mentioned that some projects are already being developed around Batch, and once activated, it will bring related work closer to a production environment. Specific partners and launch times will be announced once plans are finalized. The amendment has received support from 30 of the 35 tracked validators on the XRP Ledger, exceeding the 28 votes required to enter the activation countdown. The countdown began on September 15, and if the validator support rate remains above 80% within 14 days, Batch V1.1 is expected to be activated shortly after September 29.Previously, researchers discovered serious flaws in the Batch V1 signature verification process in February, which could prematurely stop checking signatures under certain conditions, allowing attackers to unauthorizedly include transactions from other accounts. The developers subsequently withdrew the original version. Since the amendment had not yet been activated at that time, the vulnerability code did not run on the live ledger, and no funds were exposed.

ChainCatcher news, Cosmos announced on social media that the stablecoin-driven DvP (Delivery versus Payment) settlement project ------ Project Trinity, initiated by financial institutions including Sumitomo Mitsui Banking Corporation (SMBC), Progmat, Boostry, and Datachain, has officially launched, with TOKI participating as a technical partner.The project aims to utilize the IBC protocol and LCP technology to achieve cross-chain atomic swaps between stablecoins and security tokens, covering blockchain platforms such as Avalanche and Quorum.Currently, the Japanese stablecoin market is rapidly developing following the update of the Payment Services Act, which allows for the compliant issuance of stablecoins, promoting more efficient and secure financial transaction settlements. The security token market is also continuously expanding, with issuance exceeding 193.8 billion yen (approximately 1.3 billion USD) by the end of July 2025.Project Trinity plans to ultimately achieve near 24/7 real-time settlement, reducing counterparty risk and synchronization risk, and assisting in the upgrade of Japan's secondary market infrastructure.In addition, TOKI will provide cross-chain messaging and middleware support at the technical level to ensure the security and efficiency of the settlement system.

ChainCatcher message, Coinbase Assets stated on platform X that all DYP holders on Coinbase need to take action: Dypius (DYP) is migrating to DYP V2. The migration bridge will close on January 8, 2025, at 19:00 Beijing time. Coinbase will not support DVP V2. Coinbase will suspend trading of Dypius (DYP) around January 18, 2025, at 03:00 Beijing time. All customers wishing to convert to DYP V2 must complete the conversion before the deadline of January 8, 2025, at 19:00 Beijing time. If users still hold DYP and wish to convert to DYP V2, they will need to use the DYP migration portal and a compatible self-custody wallet for the conversion.