XRP Ledger Votes on Institutional Credit Amendments
XRP (XRP)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that independent XRP Ledger validators have begun voting on the XLS-65 and XLS-66 amendments to launch native lending infrastructure. This process allows institutions to borrow directly at the blockchain’s core, eliminating vulnerable third-party smart contracts. Voting is currently at 34–37% support, falling short of the required 80% threshold.
The amendments followed a rigorous security audit by Sherlock and technical demo testing by Clearpool on DevNet. For XRP holders, the launch enables pooling assets in Single Asset Vaults to generate real yield on equal terms with funds. Every lending transaction will burn network fees in XRP.
Ripple has formed an alliance with market leaders, using the regulated stablecoin RLUSD as the main settlement currency. RLUSD includes a Clawback function for forcibly returning funds when violations are detected. Ripple is accelerating fiat settlements through its subsidiary Standard Custody, awaiting a master account with the U.S. Federal Reserve.
This move aims to remove BNY Mellon from cash processing, reducing RLUSD issuance or redemption times to minutes. The Batch feature on XRPL enables instant delivery-versus-payment transactions on-chain without interbank reconciliation.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 31 August 2026. Not the outlet's figures.
Whalio spot data shows XRP trading at $1.36 with a 1-hour buy ratio of 47.4% and a 4-hour buy ratio of 51.4%. The 24-hour buy ratio sits at 47.1%, indicating that buying pressure is currently fading compared to the 4-hour timeframe. The 1-hour volume delta is negative at -$291,221, while the 4-hour delta is positive at +$694,883. This suggests that short-term selling is outweighing buying, despite a brief period of net accumulation over the last four hours. The 24-hour volume delta is -$7,461,154, confirming that net selling pressure has dominated the day. The cumulative volume delta (CVD) at 24-hour close is -$4,708,736, showing that more volume was sold than bought over the full day.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Twenty-four hours later
What XRP did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.6%, making today's 24-hour ratio of 47.1% slightly below average. The latest day's buy ratio is 2.4 percentage points lower than the weekly average. Spot volume today is 0.50x the weekly average, indicating significantly lower trading activity than usual. Net buying occurred on only 3 of the past 7 days, with a total volume delta of -$42,731,442 over that period. This is an unusual day for the coin, characterized by lower-than-average volume and a buy ratio that trails the weekly norm.