XRP Ledger set to fix flaw that could let stablecoin partners print new tokens

The fix, called fixCleanup340, is expected to activate Nov. 4 after a brief dip in validator support restarted the two-week activation clock, delaying it by nearly two weeks. The loophole lets accounts authorized only to destroy an issuer's tokens create new ones under certain conditions; XRPL documentation currently warns developers against granting token-burning permission until the fix takes effect. XRP's own supply is unaffected. The update has 33 of 35 tracked validators' support, above the 29 needed, and also fixes trading pool, vault and lending calculations, though the lending service still lacks sufficient support to launch.

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