XRP Ledger developers are patching the new lending protocol before launch with a follow-up amendment, LendingProtocolV1_1, to fix the original LendingProtocol while it remains in the network's voting queue. The protocol enables on-chain, fixed-term, uncollateralized loans from pooled funds, relying on off-chain underwriting and "first-loss capital" to absorb defaults. The move follows a near-miss, in which a payment-engine bug that could have let an attacker mint counterfeit XRP sat dormant for years before being flagged and fixed. Amendments must earn support from at least 80% of trusted validators over a two-week period before activating.
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Related tickers and likely impact
XRP/USDT
▲ Likely positiveXRP
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $81.8B |
| Close on 10/18/2026 | 1.30710 |
| Change that session | +1.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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