XRP Ledger bug fix nears activation while Ripple’s bank lending system stays 10 votes short
Summary
An XRP Ledger bug-fix package has 29 validator votes, the minimum needed to activate, and is nine days into a required two-week approval period. It could go live around Oct. 23, but losing a vote would reset the clock. The package fixes issues in Ripple’s proposed lending system, which remains inactive: lending has 19 votes and its separate vault feature has 21, with neither close to the 29-vote threshold. Because loans are uncollateralized, brokers would assess borrower risk offchain. The update also closes a token-issuance loophole and changes vault rounding and loan-default timing.
