XRP Ledger bug fix nears approval as lending launch remains on hold

The XRP Ledger has moved closer to activating a package of software fixes on October 23 after securing the 29 validator votes required for approval, although its planned lending system remains below the network’s voting threshold. Summary XRP Ledger’s latest bug-fix package has secured 29 validator votes, meeting the network’s approval threshold. The update could activate October 23 if validators maintain support throughout the required two-week voting period. The planned lending system remains 10 votes short, while its supporting vault feature needs eight more. The fixes address lending calculations, vault accounting, token handling, and other transaction processing problems across XRPL. The lending proposal would support fixed-term loans without collateral, using brokers to assess borrower creditworthiness offchain. According to the XRPL Dashboard, the amendment known as fixCleanup3_4_0 had received support from 29 of the 35 validators on the network’s default trusted list as of October 19. The proposal is undergoing its required two-week approval period, with activation projected for Friday if that support continues. XRPL lending still lacks the validator votes to go live, and t...