EL7.AI
CryptoMediumUpdated•Originally published 30 September 2026•Updated 1 October 2026•
1 min read

XRP Ledger Validators Begin Voting on New Lending Protocol Amendment

Key Facts

1Voting has opened for XRP Ledger validators on the new LendingProtocolV1_1 amendment.
2The upgrade aims to enable native lending capabilities on the XRPL mainnet.

Voting has opened for XRP Ledger validators on the new LendingProtocolV1_1 amendment, CoinGape reported. The upgrade aims to enable native lending capabilities on the XRPL mainnet, marking a critical procedural step toward launching decentralized lending services.

The proposed amendment introduces technical features including closed-ended vaults and cash-basis accounting, which RippleX describes as a more conservative and accurate accounting model. This phase is essential for activating the base lending engine and managing loan origination and repayments on the network, as the ecosystem continues to expand its DeFi utility amid a lack of current price data for associated assets.

Latest Updates · 1

  1. Notable·

    Update: The XRP Ledger surpassed 10 million x402 payments on October 1, 2026. This growth is driven by AI agent activity, which is currently generating approximately 500,000 transactions per day on the network.