XRP Ledger patches token-minting permission flaw

The XRP Ledger team activated a software fix for a flaw in token-minting permissions, according to Crypto.news and CoinCodex. The issue could allow accounts with delegated authority to create tokens when their permissions were meant to restrict them to destroying existing tokens. Crypto.news said the flaw affected issued assets, including stablecoins, while also reporting that XRP itself was unaffected. The team’s activation of the patch means the permission issue has been addressed on the network, although the supplied coverage does not provide a technical description of the update or a formal post-mortem. The two outlets corroborate the core development and agree that the bug concerned excess token-creation authority. CoinCodex focuses on the distinction between delegated burn rights and minting rights, while Crypto.news emphasizes the range of affected asset types and clarifies that there is no confirmed exploit. Neither outlet reports conflicting figures or a disputed timeline for the fix. The permissions matter because issued assets can represent a wider range of uses and structures, and Crypto.news explicitly identifies stablecoins among the assets covered by the issue. The reported defect was therefore not limited to the native asset, but the available summaries do not identify any particular issuer, stablecoin, or account that was exploited. The broader crypto market was broadly lower as the fix was activated. Total market capitalization stood at $2.62 trillion, Bitcoin fell 5.14% over 24 hours, and the Fear & Greed index registered 50, corresponding to Neutral conditions. XRP was priced at $1.23, down 5.64% over 24 hours and 3.98% over seven days, with a market capitalization of $77.83 billion. Attention now centers on whether any unauthorized minting activity emerges and whether affected issued-asset operators complete their own review of delegated permissions.