XRP News: Lending Awaits Votes, Cleanup Nears Activation

The XRP Ledger is having big news as it prepares a network upgrade aimed at cleaning up existing code and improving the network’s overall reliability. The upgrade received support from 29 of 35 trusted validators and was expected to go live on October 23. Meanwhile, separate proposals to introduce lending services and new ways to manage digital assets received fewer votes, meaning these features are still at different stages of approval. If implemented, they could expand the XRP Ledger’s decentralized finance ecosystem by allowing users to lend assets and access new financial services directly on the network. The XRPL’s fixCleanup3_4_0 amendment is projected to activate at 09:34 UTC on October 23.

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