DeFi· ★★★· bullish·

Batch amendment in XRP Ledger enters activation period

  • 29 of 35 XRPL validators voted for the Batch amendment — 82.86%
  • The 80% threshold was reached on September 15, activation expected on September 29
  • Batch combines up to 8 transactions: swaps, NFTs, fees and securities settlements
  • Next steps are P Delegation and Lending v1/v1.1 for institutions
Why it matters: Batch simplifies complex operations and settlements for banks, and the next major step for XRPL will be on-chain lending with yield in XRP.
Source: Cryptonews.net