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XRP Ledger to fix lending code with bug patch before lending system gains approval

Protocol Fundamentals
19 Oct 2026
Coindesk
View Source
Neutral
XRP Ledger to fix lending code with bug patch before lending system gains approval

The XRP Ledger is set to implement a bug-fix patch on October 23 that addresses issues in Ripple's proposed uncollateralized lending system, which remains inactive due to insufficient validator votes. The patch, requiring 29 validator approvals, also closes a token creation loophole and updates vault rounding and loan-default rules. While the bug fixes are on track to go live, the lending system itself still lacks the necessary votes to activate, delaying its launch until at least early November. This update is crucial as Ripple aims to enable institutions to borrow against tokenized assets on the XRP Ledger.

XRP is trading at Rp23.599 on Pluang as of Oct 19, 2026 12:01 WIB, showing a 1.65% gain over the past day. The market cap of XRP stands at Rp1.493,61 trillion, with a 24-hour trading volume of Rp28,36 trillion. Pluang users are slightly more inclined to buy XRP, with 51% of order activity favoring purchases and a typical hold time of 72 days.

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