Ripple’s lending system for banks and payment companies gained support from three more validators in three weeks, reaching 22 of the required 29 votes. Both the lending-related amendment and the SingleAssetVault amendment, which provides lending pools, must each maintain 29 votes for two consecutive weeks before lending can begin. Approval is still pending, and developers are preparing a third lending amendment. The system is designed to offer fixed-term loans without requiring borrowers to provide collateral, relying on brokers for off-chain underwriting and risk management.