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XRP Ledger developers are testing a new feature that would allow the creation of blockchain accounts with a zero initial balance, with existing accounts covering the reserve requirement for new accounts, in order to lower the funding barrier for payment applications and automated software to create wallets at scale.The proposal was submitted on October 15 as the SponsoredAccountCreate transaction proposal. Under current XRP Ledger rules, each account must hold at least 1 XRP as a reserve, meaning that creating 100,000 separate accounts would require locking up 100,000 XRP. The new proposal would have a sponsoring account cover this reserve requirement, and a broader fee-sponsorship mechanism in the future could also allow applications to pay transaction fees on behalf of users, though the network's overall reserve requirement would not be eliminated as a result.The feature is expected to lower the barrier to use for scenarios such as embedded wallets, RLUSD stablecoin payments, and automated payments by AI agents. However, the relevant code is still under review, and the sponsorship mechanism it relies on has not yet launched on mainnet. As of October 19, the mechanism had received only 11 of the 35 required validator votes, still short of the 29 votes needed for approval. (CoinDesk)
According to The Block, British insurer Aviva’s asset management firm Aviva Investors has partnered with Ripple to launch a tokenized share class for its £22 billion ($29.4 billion) Sterling Liquidity Fund on the XRP ledger. In a Monday announcement, Aviva committed £50 million ($66.7 million) to this new share class. The company currently has investments totaling over £86 million ($114.8 million) across its two tokenized money market fund products, which includes a U.S. dollar liquidity fund share class launched in July. Established in 2002, the Sterling Liquidity Fund invests in highly rated, pound-denominated short-term debt instruments, offers daily liquidity, is registered in Ireland, and qualifies as a UCITS money market fund. Under the fund's "digital twin" model, investor positions are represented on-chain, while the fund itself continues to operate off-chain. Investors must use compliant digital wallets to access the new share class. BNY Mellon holds the fund's assets, while digital asset custodian Komainu and digital infrastructure platform Licuido also support the launch.
According to a press release published on Ripple's official website, Aviva Investors and Ripple have announced the launch of a tokenized share class for a British pound (GBP) liquidity fund on the XRP Ledger (XRPL). This marks the company's second existing fund to undergo tokenization, following the launch of a tokenized share class for its US dollar liquidity fund in July 2026. The GBP liquidity fund is Aviva Investors' largest fund, with approximately £22 billion in assets under management, and is registered in Ireland as a UCITS money market fund. Aviva itself has invested £50 million (approximately $66 million) into the new share class. Combined investments across both tokenized share classes exceed £86 million (approximately $116 million), making Aviva Investors one of Europe's largest providers of tokenized money market funds. The fund utilizes a "digital twin" model, representing investor holdings on-chain while preserving the off-chain fund structure. The tokenized shares carry the same investment objectives, risk characteristics, liquidity, and regulatory protections as traditional shares. The new shares are available to eligible investors holding digital wallets, and are powered by Komainu and Licuido, with assets remaining custodied by BNY Mellon.
Odaily reports: Ripple announced that Aviva Investors, the asset management arm of UK insurance group Aviva, has launched a tokenized share class of the Aviva Investors Sterling (GBP) Liquidity Fund on the XRP Ledger. The fund, with approximately £22 billion in assets under management, is Aviva Investors' largest fund; this marks the second tokenized share class of an existing fund for the company, following the launch of a tokenized share class for its US dollar liquidity fund in July 2026. The two tokenized share classes have now attracted over $116 million in total investments, with Aviva having invested $66 million into the new share class. The fund is an Ireland-domiciled UCITS money market fund that adopts a "digital twin" model, mapping its holdings on-chain while maintaining the off-chain fund structure; the underlying assets are custodied by BNY Mellon, with Komainu and Licuido providing digital asset custody and tokenization platform support, and the offering is open to qualified investors holding digital wallets.
According to CoinDesk, the XRP Ledger’s validator support temporarily fell to 26/35, re-triggering the two-week countdown for its vulnerability fix and delaying patch activation to November. Validator support has since rebounded to 31, but due to the reset mechanism, the fix has missed its originally scheduled final activation window.
According to The Block, broker infrastructure company DriveWealth announced a partnership with Ripple to integrate Ripple's RLUSD stablecoin into its platform for cross-border settlement, stablecoin payments, and digital asset custody services. The collaboration will operate on the XRP Ledger, allowing clients to fund collateral accounts around the clock and supporting near-real-time conversion of stablecoins into cash. The partnership will initially launch in Europe before expanding to the United States, while both parties will also explore equity financing opportunities through Ripple Prime. This initiative further advances RLUSD's penetration into institutional financial infrastructure, with Standard Chartered Bank also announcing the launch of RLUSD custody services this week.
According to The Block, XRP treasury company Evernorth (Nasdaq: XRPN) has announced partnerships with Ripple, Kraken, Coinbase, and BitGo, with plans to launch an institutional-grade XRP deployment strategy in Q4 2026. The firm currently holds 473 million XRP, valued at approximately $648 million, and aims to boost per-share ownership through active treasury management rather than passive accumulation. Spearheaded by Hugo Jeandesboz, former co-head of investment at Coinbase Asset Management, the initiative will later expand to lending and on-chain DeFi strategies on the XRP Ledger.
Odaily News: Ripple has partnered with Privy, a wallet infrastructure company under Stripe, to bring XRP Ledger (XRPL) support to the Privy developer platform. Following the integration, developers will be able to integrate XRPL wallets into their applications without having to build wallet infrastructure themselves, enabling wallet creation and management, transaction signing, and more, with support for XRP, Ripple-issued RLUSD stablecoin, and other assets on the network.
Standard Chartered Bank has officially announced support for institutional custody services for Ripple USD (RLUSD) issued on the XRP Ledger (XRPL). The service is offered through Standard Chartered Bank's DIFC branch and is regulated by the Dubai Financial Services Authority (DFSA). Concurrently, Standard Chartered Bank is partnering with Ripple and LMAX Group to incorporate RLUSD into LMAX Group's eligible collateral framework for its products. Through Standard Chartered Bank's collateral mirroring model, institutional clients can flexibly deploy digital assets for trading without directly transferring RLUSD to the trading venue, thereby reducing transfer operational risks, optimizing counterparty exposure, and enhancing capital efficiency. The aforementioned functionalities will go live only after final document execution, testing, and compliance approvals are completed.
Odaily Report: On-chain detective ZachXBT retweeted the XRP Ledger Foundation's explanation regarding a previous critical security vulnerability and criticized its bug bounty mechanism.ZachXBT stated that XRPL, which holds billions of dollars in assets, only paid a $250,000 reward to the white hat hacker who discovered the critical vulnerability. He believes that this level of reward could weaken security researchers' incentive to proactively report vulnerabilities, and may even encourage attackers to exploit vulnerabilities for massive gains rather than responsibly disclosing the issue.Previously, the XRP Ledger Foundation confirmed that the vulnerability could theoretically bypass the XRP total supply limit, but no additional XRP was found to have been created as a result, and the vulnerability has been fixed through version 3.4.1.
Odaily News: The XRP Ledger Foundation posted on the X platform to clarify the recent XRP Ledger security vulnerability incident, stating that the vulnerability could potentially have been used to bypass the limit that fixes XRP's total supply at 100 billion, but it was fixed two weeks ago via version 3.4.1. Furthermore, upon verification, no new XRP was found to have been created, and the total amount of XRP currently circulating on the ledger is approximately 99.986 billion.The Foundation stated that the vulnerability would have required hundreds of deliberately constructed operations to trigger, and normal payment transactions would almost never involve it. In the future, it will strengthen formal verification, AI adversarial testing, security research collaboration, and bug bounty programs with RippleX and the community. Regarding the fix process, the Foundation explained that publicly releasing a patch could allow attackers to use AI to accelerate vulnerability analysis. To address this situation, the XRPL community engaged in coordination. Participating parties including the XRP Ledger Foundation, RippleX, core developers, and validators reached a social consensus and agreed to adopt the approach of directly releasing the fix. In addition, version 3.4.1 only became a version the network was required to adopt after going through the normal amendment voting process and receiving support from more than 80% of validators for two consecutive weeks. Protocol changes still need to be completed through the amendment mechanism.Previously, RippleX engineering lead J. Ayo Akinyele also posted on the X platform, stating that he attaches great importance to the recently disclosed critical vulnerability in the XRP Ledger (XRPL) payment engine. This vulnerability is a serious security issue that has existed in the codebase for more than 10 years and could theoretically lead to the over-creation of XRP, breaking through the fixed supply cap. However, before the vulnerability could be exploited, it was discovered by the security research firm Veria AI through Ripple's bug bounty program.
Odaily News: J. Ayo Akinyele, Engineering Lead at RippleX, posted on X platform stating that they take the recently disclosed critical vulnerability in the XRP Ledger (XRPL) payment engine very seriously. The vulnerability is a severe security issue that has existed in the codebase for over 10 years and could theoretically lead to the over-creation of XRP, breaching the fixed supply cap. However, the vulnerability was discovered by security research firm Veria AI through Ripple's bug bounty program before it could be exploited.J. Ayo Akinyele further added that the Ripple team quickly developed and tested a fix, working closely with validator nodes to complete the network upgrade, and patched the vulnerability before its public disclosure. Currently, AI is changing the speed of vulnerability discovery, and XRPL needs to further enhance its security response capabilities. RippleX will strengthen its bug bounty program, expand AI-assisted vulnerability hunting and adversarial testing, review long-standing code in the payment engine, consensus mechanism, and P2P network, while advancing formal verification of critical modules and reducing potential risks through systematic security hardening. The goal is not just to fix a single vulnerability, but to identify and eliminate potential risks in XRPL's legacy code, making the network more difficult to attack.
The XRP Ledger recently patched a critical security vulnerability traceable to 2015. Discovered by researcher Cayden Liao and Veria AI, the issue was reported internally on September 22. Attackers could exploit a counter overflow flaw in the ledger’s built-in exchange to create massive amounts of XRP from thin air at an extremely low cost by opening hundreds of accounts, then transfer and liquidate them to bypass XRP’s fixed supply cap of 100 billion. RippleX quietly released the patched version xrpld 3.4.1 on September 25, stating that there is currently no evidence of the public network having been exploited.
XRP Ledger has activated its permission delegation feature, allowing enterprises to assign specific on-chain operational permissions to independent accounts without handing over their master account keys.This feature is designed to enhance security and operational flexibility for institutions in scenarios such as stablecoin issuance and custody, enabling enterprises to authorize different accounts to carry out routine on-chain tasks while retaining control of their master keys. (CoinDesk)
Ripple与XRP Ledger基金会(XRPLF)联合成立新组织XRP Asia,旨在推动亚太地区XRP Ledger(XRPL)生态发展,总部位于新加坡,由前Hedera基金会亚太及金融科技/支付业务负责人Sabrina Tachdjian领导,该组织将支持开发者培训、黑客松、合作伙伴计划、创业支持以及生态活动,并对接基础设施服务商、孵化及资助项目,以及连接投资者和生态合作伙伴。
XRP Ledger has released xrpld 3.4.1, fixing the batch feature issue and including broader stability improvements. Validators and node operators are encouraged to upgrade as soon as possible; developers stated that the issue did not affect the mainnet and caused no loss of funds.The new version introduces the fixBatchV1_2 amendment, with a default vote in favor and a current consensus rate of 94.29%. Both the amendment and the batch feature have entered the activation period. Previously, some validators changed their votes from in favor to against in order to reset the voting timer for the Batch amendment.
The XRP Ledger batch transaction upgrade countdown was reset due to insufficient validator support, delaying activation from September 29 to October 9. This marks the second attempt following a fix for a signature vulnerability.
Bitget CEO Gracy Chen posted a 12-hour progress report on the security incident on X, including:1. Affected assets include ETH, XRP (largest single-chain loss), BNB, AVAX, USDT, USDC, and other tokens. Affected chains include: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. All on-chain cold wallets have been confirmed secure and unaffected.2. All foundations of the affected chains have been contacted, and some foundations have confirmed the freezing of the hacker's wallet addresses.3. Based on IP behavioral characteristics and on-chain analysis, the attack methodology is highly consistent with known patterns of North Korean hacker groups. Relevant authorities have been notified, and full cooperation is being provided for a global investigation.4. Bitget Wallet (decentralized wallet) operates completely independently from Bitget exchange infrastructure, and this incident has no impact on it. Bitget Wallet assets are completely safe.5. Transparent disclosure regarding the platform's financial status: In addition to over $464 million in protection funds (all held in publicly verifiable wallet addresses), Bitget's own assets exceed $1 billion. User funds are covered at a 1:1 ratio, and all data can be verified on-chain.6. Regarding withdrawal recovery timing: The goal is to achieve full recovery as soon as possible. Once a specific time window is confirmed, an announcement will be made immediately. No commitment will be made to timelines that cannot be fulfilled.
Ripple stated that multiple asset management firms are preparing for the Batch V1.1 feature on the XRP Ledger. This upgrade aims to improve payment efficiency through atomic settlement and is expected to go live by the end of September.
According to BIS Working Paper 1374 released by the Bank for International Settlements (BIS), the BIS, together with several researchers, has proposed a verifiable framework that binds official statistical data to the blockchain. The solution computes cryptographic fingerprints for SDMX datasets and anchors the digest values to the XRP Ledger, enabling independent verification of data provenance and integrity while leaving existing data publication workflows unaffected. Prototype tests show a data publication latency of approximately 3–5 seconds and a verification latency of approximately 1–2 seconds, meeting the requirements for real-time interactions and automated systems. Since only fingerprints, rather than raw data, are stored on-chain, data confidentiality is preserved. Cost modeling indicates that on-chain fees become negligible after batch processing, with a single ledger record capable of covering thousands of datasets. The study also provides an open-source reference implementation and reserves capacity for future integration of zero-knowledge proofs and AI-driven automated verification.