XRP Ledger Opens Lending Vote While Emergency Patch Fixes Core Software
Published on 10/01/2026 at 16:30 | Editorial boerse-global.de
A packed week for the XRP ecosystem has put network governance in the spotlight, with validators now weighing a native credit protocol, developers pushing out an emergency software fix, and a Brazilian market infrastructure tie-up moving into live operation. The token itself traded at $1.49 on Thursday, essentially flat with a gain of 0.03%, as market participants digested a cluster of fundamental developments tied to the turn of the month.
Validators Take Up Fixed-Rate Lending
RippleX, the development arm behind the ledger, released the vote for a network amendment known as LendingProtocolV1_1 on Thursday. Validators will decide whether to implement mechanisms enabling fixed-rate, term-based loans directly on the ledger. The proposal builds on earlier drafts by adding closed vaults — structures with defined phases for subscription, deployment and eventual repayment. One notable wrinkle concerns interest recognition: under the rules, loan interest is only booked once the actual cash flow occurs.
Activation on the mainnet is not imminent. The credit system requires the simultaneous approval of three interdependent specifications, each backed by a sustained supermajority of more than 80% of validators. That threshold must hold continuously for two weeks before the features go live.
The push for on-ledger credit fits a broader effort to court professional users. Ripple President Monica Long said at an industry conference in Seoul this week that future volumes of tokenized assets are likely to settle predominantly on public blockchains. Further changes are slated for the current month, including confidential transfers to shield sensitive transaction data and delegated account permissions.
Emergency Release and a Delayed Batch Upgrade
On the technical side, the developer team published emergency version 3.4.1 of the core xrpld software on September 25 to address security-relevant protocol issues. No losses or exploits were reported in connection with the fix.
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Separately, the planned activation of the BatchV1_1 feature — designed to bundle up to eight transactions — has slipped. Validator support briefly fell below the required threshold, resetting the two-week clock. Activation is now possible no earlier than October 9, provided the necessary quorum holds.
Brazilian Fund Mirroring Goes Live
Infrastructure work is advancing in parallel. Brazilian financial market infrastructure firm CSD BR and Ripple launched the first live phase of a collaboration in which the XRP Ledger serves as a supplementary recording and verification layer for mirroring investment fund units issued by Banco BTG Pactual. Legal ownership, registration, custody and settlement remain entirely with CSD BR, and access is initially restricted to authorized corporate and bank clients.
ETF Inflows Cool After a Strong Run
Institutional demand through US spot XRP ETFs remained positive through September, with net inflows of $121.4 million for the month, according to media reports. Aggregate net assets across the funds stood at $1.69 billion as of September 29. The products had strung together five consecutive trading days of inflows before momentum faded into month-end: Canary Capital's XRPC fund pulled in $3.96 million on September 28, while the remaining US funds reported no further net inflows the following day.
Escrow Release and a Nasdaq Treasury Vehicle
Ripple carried out its scheduled monthly escrow release on October 1, freeing one billion XRP across four separate transactions of 400 million, 300 million, 200 million and 100 million tokens. The gross unlocks follow a fixed timetable, and the breakdown does not indicate how many of those units will actually be sold or remain in circulation permanently.
Attention is also on a corporate vehicle being built around the token. A shareholder vote at Armada Acquisition Corp. II showed support for a merger with Evernorth, which plans to list on the Nasdaq under the ticker XRPN and hold substantial XRP reserves as its core asset. Regulatory conditions still need to be satisfied before trading can begin.
From a chart perspective, the token is holding above key technical reference points. It trades 9.0% above its 50-day moving average of $1.37 and remains above its 200-day average of $1.28, with market participants keeping an eye on the rollout of the new network features.
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