Ripple’s proposed XRP Ledger lending system for banks and payment companies gained validator support, according to a BlockBeats report originally published on November 12, 2026, at 13:23:14 UTC+08:00. The lending amendment and its first patch each had 22 votes, up from 19 on October 19. The separate SingleAssetVault amendment, which would provide funding pools for lending, had 23 votes.
Each feature would need support from at least 29 of the 35 validators on the default list for two consecutive weeks before activation. That leaves the lending amendment and patch seven votes short, and SingleAssetVault six votes short. The proposed system would let lenders deposit XRP or other tokens into vaults, with loan brokers issuing fixed-term loans that do not require borrowers to provide collateral. These vote counts show progress toward activation, not evidence of lending activity or adoption.