TREE NEWS update: The XRP Ledger Foundation said a vulnerability that could have bypassed the ledger’s fixed 100 billion XRP supply cap was patched two weeks ago in version 3.4.1, and that no new XRP was created, with about 99.986 billion XRP now in circulation. The flaw required hundreds of deliberately constructed operations to trigger. The fix was released directly, after more than 80% of validators backed it for two consecutive weeks.
XRP Ledger Foundation: No New XRP Created, Critical Bug Fixed
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AI take
The disclosure is less about the bug itself than about validator coordination: a supply-cap bypass was neutralized only after sustained supermajority backing, which is the actual security mechanism here. The claim that no new XRP was created is a supply-integrity statement, not a market signal, and the requirement of hundreds of crafted operations suggests limited practical exploitability. The open question is whether the two-week disclosure lag and the reliance on validator consensus for emergency fixes become a recurring governance issue for the ledger.
Generated by AI for reference only.
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