The XRP Ledger Foundation has defended its decision to bypass the standard amendment process after the discovery of a critical vulnerability present since 2015. This flaw could have allowed the minting of approximately 18.45 trillion XRP units in a single transaction, representing 180 times the initial supply, thereby threatening the $94 billion market cap. AI-powered cybersecurity firm Veria Labs identified this bug, while the foundation confirmed that no unauthorized XRP was minted. Faced with the risk of exploitation during the several weeks required for a standard validation, developers deployed an emergency patch on September 25, in coordination with RippleX and validators.
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