Update
XRP Ledger Fix for Token Minting Loophole Finally Lands
The XRP Ledger is set to activate fixCleanup3_4_0 around 14:46 UTC on November 4, closing a loophole that allowed accounts with burn-only permission to create new tokens. This fix, part of the PermissionDelegationV1_1 upgrade, will prevent accounts with the PaymentBurn granular permission from minting new fungible tokens, including trust line tokens or multi-purpose tokens (MPTs) under certain circumstances. The fix is included in xrpld 3.4.0, which also tightens automated market maker (AMM) clawbacks, vault accounting, escrow reserves, and signature handling. The upgrade was initially scheduled for October 23 but was delayed due to support dips from validators.