An XRP Ledger lending system aimed at banks and payment companies had gained validator support but had not met the threshold for activation, according to a November 12, 2026 report by Deep Tide TechFlow citing CoinDesk.
As of the report, the lending amendment and its first patch each had 22 votes—up from 19 on October 19. The SingleAssetVault amendment, which would provide funding pools for lending, had 23 votes. The features each need support from at least 29 of the 35 validators on the default list, sustained for two weeks, before they can be enabled.
Under the proposal, lenders could deposit XRP or other tokens into vaults, while loan brokers would issue fixed-term loans without requiring borrowers to provide collateral. The vote counts show progress toward enabling the system, not evidence that it is operating or being used.
Original report · Published November 12, 2026, at 13:22 (UTC+8).