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XRP Ledger is expected to fix a flaw on Nov. 4 that allowed accounts with only token-burning authority to mint new tokens, CoinDesk reported. Under the previous structure, when a stablecoin issuer granted a payment service the authority to burn tokens, that service could also create tokens without separate minting authority, but the update would separate those permissions.
The change would not affect XRP supply. Governance backing for the fix currently stands at 33 of 35 validators, and activation requires at least 29 validators to maintain support for two weeks. If that backing holds, the earliest activation time is 2:46 p.m. UTC on Nov. 4.