XRP Ledger Locks Down Minting Loophole With fixCleanup3_4_0

The XRP Ledger has activated an amendment called fixCleanup3_4_0, and it patches a real hole in how token permissions work on the network. According to CoinDesk, the loophole could have let accounts holding token-burning permissions also mint brand-new tokens. That's two very different powers that should never sit in the same hands.

The fix landed without drama: CoinDesk reports no confirmed exploits tied to the flaw before the amendment went live. So there's no known drain, no known fake supply, no known victim. The ledger just quietly tightened the rules before anyone could test them.

On a network where tokens are issued and managed through account-level permissions, letting a burn-only role slide into minting is the kind of gap that matters. Burning removes supply. Minting creates it. An account able to do both could, in theory, rewrite the numbers behind a token.

fixCleanup3_4_0 is now active on the XRP Ledger, which means the two permissions stay separated going forward. For holders and issuers, the practical takeaway is simple: the door is shut, and it was shut early.