The XRP Ledger is preparing a network upgrade called fixCleanup3_4_0 aimed at cleaning up existing code and improving the network’s overall reliability. The amendment received support from 29 of 35 trusted validators and was expected to activate on October 23 at 09:34 UTC, provided support stays above 80%. Separate proposals to introduce lending services and new digital asset management tools received fewer votes, meaning these features remain at different stages of approval. The proposed Lending Protocol uses fixed-term, uncollateralized loans funded by depositors through a Single Vault managed by brokers, with no automated on-chain collateral or liquidation management system. Validator governance remains the gating factor for any lending expansion on the XRP Ledger.
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