'Safety Comes First': Ripple Engineer Explains Delay Behind XRP Ledger Upgrade

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. In an interaction on X, RippleX software engineer Mayukha Vadari offers fresh context on why the much-awaited XRP lending protocol seems to be experiencing a delay. Advertisement The XRPL Lending Protocol is built on two complementary components: the Single Asset Vault and the lending protocol, which are defined in XLS-65 and XLS-66, respectively, and remain subject to validator approval. In an X discussion that touched on onchain finance on the XRP Ledger, Grape, an XRPL validator, pointed out slow progress on the XLS-65 and XLS-66 amendments, which he said "still seem to be on the naughty list with the dUNLs." "Votes still have not budged in a very long time," he added. HOT Stories XRPL Crypto Credit Primitive Enters Key Voting Phase Why Shiba Inu (SHIB) Buying Volume Is at 0, Dogecoin (DOGE) Bottom Established, Bitcoin (BTC) Struggles With $60,000: Crypto Market Review There are some fixes many of them are waiting on in fixCleanup3_2_0. Safety comes first 💪 Advertisement — Mayukha Vadari (@msvadari) June 30, 2026 XLS-65, the "SingleAssetVault" amendment, creates a structure for aggregating assets from multiple depositors and is intended to be used with the on-chain Lending Protocol. XLS-66, the "Lending Protocol" amendment, enables on-chain, fixed-term, uncollateralized loans using pooled funds from a Single Asset Vault. This implementation relies on off-chain underwriting and risk management to assess the creditworthiness of borrowers but offers configurable, peer-to-peer loans. You Might Also Like Tue, 11/11/2025 - 15:09 RippleX Engineer Breaks Down Major XRP Ledger Misconceptions By Tomiwabold Olajide Advertisement The Lending Protocol amendment has only reached a consensus of 20%, with 60% still needed to reach a majority. Meanwhile, the "SingleAssetVault" amendment attracted 22.86% of votes, still far from the required 80% threshold. This discussion follows the XRP Ledger Foundation's announcement of a collaboration with vs1 to build an open-source reference app for permissioned, compliant lending on the XRP Ledger. The app leverages native primitives: Credentials, Permissioned Domains, Single Asset Vaults, and the Lending Protocol. 'Fixes underway,' Ripple engineer says Ripple engineer Mayukha Vadari hints at a likely reason why voting seems to have stalled on the XLS-65 and XLS-66 amendments. Vadari noted several fixes for both amendments in the upcoming "fixCleanup3_2_0" upgrade, highlighting safety as a priority. You Might Also Like Wed, 03/04/2026 - 08:26 RippleX Head of Engineering Details How AI Will Help Strengthen XRP Ledger Security From Now On By Gamza Khanzadaev "There are some fixes many of them are waiting on in fixCleanup3_2_0. Safety comes first," Vadari responded. The fixCleanup3_2_0 amendment, introduced in XRPL version 3.2.0, bundles bug fixes affecting Single Asset Vaults, the Lending Protocol, the permissioned DEX, Multi-Purpose Tokens, and permissioned domains. #Ripple News #XRP Ledger #XRPL