NewsSignals
NewsSignals AI analysis·Shaurya Malwa·

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

Grade Abullish AI signal$XRP
The XRP Ledger is preparing to activate a fix for a token-permission flaw that could allow accounts authorized only to destroy tokens to create new ones, including issuer-issued stablecoins. The fix has support from 33 of 35 tracked trusted validators, exceeding the 29-vote threshold, with the earliest activation window around 14:46 UTC on November 4 if support holds. The correction could strengthen confidence in XRPL-issued tokens and stablecoin infrastructure, while XRP's own supply remains unaffected by the flaw.

Bullish strength: 65/100

  • The proposed fix addresses a loophole that could allow unauthorized token creation.
  • Support has reached 33 of 35 tracked trusted validators, above the 29-vote threshold.
  • The correction also repairs token-recovery, vault-calculation, and loan-timing issues.
  • XRP's own supply is unaffected by the permission bug.

Bearish strength: 35/100

  • The flaw affects tokens issued on the ledger, including stablecoins.
  • Activation is not yet confirmed and depends on validator support holding through the required period.
  • The update was delayed after validator support temporarily fell below the required threshold.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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Key facts: ETF inflows hit Jan. low; $1.265 support; vault votes short

XRP spot ETF inflows plunged to $18.83 million in October, their lowest monthly total since January, signaling a sharp slowdown in institutional investment demand. ETFs recorded a $529,510 outflow on November 2, while XRP faces critical support near $1.265; meanwhile, XRP Ledger vault activation votes remain below the required 28-vote threshold. A break below $1.265 could expose XRP to $1.160 and $1.000, while successful vault activation could introduce new RLUSD lending opportunities.