CryptoMedium•12 November 2026•
1 min read
XRP Ledger Lending System Nears Launch as Validator Support Grows
Key Facts
1Support for the lending system among XRP Ledger validators has increased from 19 to 22 since mid-October.
Support for the lending system among XRP Ledger validators increased from 19 to 22 since mid-October. CoinDesk reported that this momentum moves the proposed protocol closer to a mainnet launch, as activation requires a majority consensus from the network's 35 validators.
The protocol developed by Ripple aims to enable institutional bank-lending capabilities directly on the ledger. This technical progress signals a shift toward institutional utility for the XRP Ledger, though the final threshold for activation has not yet been reached.