RippleX Opens Validator Vote for XRPL Lending Protocol Version 1.1

According to U.Today, the XRP Ledger has moved closer to launching its native lending infrastructure as the LendingProtocolV1_1 amendment is now open for validator voting.

The upgrade represents a significant step toward implementing lending functionality directly within the XRP Ledger. Validators can now participate in the voting process to approve or reject the proposed protocol change. No timeline for implementation has been provided by RippleX at this stage.

The amendment follows prior development efforts aimed at integrating financial services such as lending into the ledger’s core capabilities. Voting among validators will determine whether the protocol version proceeds to activation once consensus is reached.

RippleX has not announced expected completion dates, deployment conditions, or impact assessments related to the upgrade. The move aligns with ongoing goals to expand on-ledger services beyond transaction processing.