XRP Ledger Fixes Decade-Old Bug That Could Have Minted 18 Trillion XRP
A critical vulnerability in the XRP Ledger that could have compromised its 100 billion XRP supply cap has been patched after years of lying dormant.
A critical vulnerability in the XRP Ledger that could have compromised its 100 billion XRP supply cap has been patched after years of lying dormant. XRP (XRP) is trading at $1.40, down 0.7% since this brief published. This is an original TLT brief based on reporting by CoinDesk, with live market data added, as of Mon, 12 Oct 2026 09:45:02 UTC.
The bug's existence posed a significant risk to XRP's monetary policy and scarcity, which are fundamental to its value proposition. Its resolution ensures the continued integrity of XRP's tokenomics.
- XRP Ledger bug could have minted up to 18 trillion XRP, far exceeding the 100 billion cap.
- Bug remained undetected for years due to specific activation conditions never being met.
- Researchers received $250K bounty for discovering and reporting the vulnerability.
- XRP price up 0.96% to $1.41 amid broader market stability.
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XRP Ledger Foundation has addressed a critical vulnerability in the XRP Ledger that could have compromised its 100 billion XRP supply cap. The bug, which could have allowed the minting of up to 18 trillion XRP, was discovered by researchers and reported through the bug bounty program.
According to the XRP Ledger Foundation, the bug remained hidden for years because it required specific, unlikely conditions to be activated. These conditions were never met during normal network operations, which is why the vulnerability went undetected for so long.
Crypto.news reports that researchers were awarded a $250,000 bounty for discovering and reporting the bug. This highlights the importance of the bug bounty program in maintaining the security and integrity of blockchain networks.
The XRP Ledger Foundation has implemented a fix to prevent the bug from being exploited. This resolution ensures that the XRP supply remains capped at 100 billion tokens, preserving the cryptocurrency's monetary policy and scarcity.
In the broader market context, XRP is currently trading at $1.41, up 0.96% in the last 24 hours, while the overall crypto market remains relatively flat with a total market cap of $2.9 trillion. The Fear & Greed Index stands at 69, indicating a state of 'Greed.'
Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.41 to $1.40 — -0.71%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,912.69 (about $1.40), up 0.6% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP Ledger Fixes Decade-Old Bug That Could Have Minted 18 Tr — questions & answers
What was the potential impact of the XRP Ledger bug?
The bug could have allowed the creation of up to 18 trillion XRP, far exceeding the intended 100 billion supply cap.
Why was the bug undetected for so long?
The bug required specific, unlikely conditions to be activated, which never occurred during normal network operations.
How was the bug discovered and addressed?
Researchers discovered the bug and reported it through the bug bounty program, earning a $250K reward. The XRP Ledger Foundation then implemented a fix.
How much is 1 XRP worth in naira today?
About ₦1,912.69 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.40. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.71% since this brief first published — trading at $1.40 now versus $1.41 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CoinDesk. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.