XRP Ledger amendment to fix token permission flaw heads for Wednesday activation

The XRP Ledger is set to activate the fixCleanup3_4_0 amendment on November 4, 2026, resolving a flaw that allows accounts authorized only to burn issued tokens to mint new ones. The fix currently holds support from 33 of 35 trusted validators, exceeding the 29-vote (80%) threshold, following a temporary drop on October 21 that delayed activation by nearly two weeks. The update also corrects trading pool, vault, and loan default calculations, though broader lending feature amendments remain pending.

Validator support and activation of fixCleanup3_4_0

• ▪Originally expected to activate October 23, 2026, the XRP Ledger amendment fixCleanup3_4_0's two-week countdown restarted when validator support fell to 26 votes on October 21, 2026, below the required 29-vote threshold, before recovering two hours later
• ▪XRP Ledger transaction rule changes require over 80% validator support—at least 29 of 35 tracked validators—for two uninterrupted weeks before activating
• ▪The fixCleanup3_4_0 amendment has support from 33 of 35 trusted validators tracked by XRPL Dashboard as of November 2, 2026

Flaws and fixes in fixCleanup3_4_0

• ▪XRP Ledger official documentation warns developers against granting token-burning permissions until the fixCleanup3_4_0 correction takes effect
• ▪The XRP Ledger's fixCleanup3_4_0 amendment corrects asset calculations used when issuers recover tokens from trading pools and when users deposit or withdraw from asset vaults
• ▪The XRP Ledger permission flaw addressed by the fixCleanup3_4_0 amendment allows accounts authorized only to destroy issued tokens to create new tokens under certain conditions, while leaving XRP's own supply unaffected
• ▪The fixCleanup3_4_0 update prevents loans on the XRP Ledger from being marked late or in default before their due date has passed

Status of lending service amendments

• ▪The XRP Ledger lending service main amendment has 19 validator votes, while its required vault system amendment has 21 votes, leaving both below the 29-vote threshold needed for activation
• ▪If the XRP Ledger lending service amendments reach 29 validator votes on November 4, 2026, the earliest possible activation for the lending service would be November 18, 2026