The XRP Ledger (XRPL) has introduced the XLS-85 Token Escrow update on mainnet on February 12, expanding its built-in escrow functionality beyond XRP. Specifically, the new upgrade, which passed with 88% validator consensus, has ensured that native escrow capabilities now include Trustline-based tokens (IOUs) and Multi-Purpose Tokens (MPTs). “Token Escrow (XLS-85) is now live on XRPL Mainnet. This feature extends native escrow functionality beyond XRP to all Trustline-based tokens (IOUs) and Multi-Purpose Tokens (MPTs)
source: https://finbold.com/xrp-ledger-expands-native-escrow-functionality-beyond-xrp/