XRPL Is Fixing Its Lending Code Before Lending Even Goes Live! 👀 The $XRP Ledger is preparing a major bug-fix update, but its lending system still has hurdles to clear before launch. The fixCleanup3_4_0 patch has secured 29 of the 35 required validator votes and is on track to activate around October 23, provided support holds for two consecutive weeks. Meanwhile, the lending amendment has just 19 votes, while the separate vault amendment has 21. Both need 29 votes to begin the approval countdown, meaning lending could remain weeks away. The system would let lenders deposit XRP or other tokens into vaults for brokers to lend out for fixed terms. However, borrowers wouldn't provide collateral, leaving lenders exposed to default risk if brokers misjudge borrowers. The update also addresses token-issuance loopholes and improves how vaults handle rounding and overdue loans. Will XRPL's lending system attract serious demand, or will its lack of borrower collateral hold it back? #XRP #Macro Insights# #Altcoin Season#