Loading market data...

XRP Ledger Foundation Says No New XRP Created in Patched Minting Bug

XRP Ledger Foundation Says No New XRP Created in Patched Minting Bug

The XRP Ledger Foundation has confirmed that no new XRP was created by a recently patched bug, and the total supply remains fixed at 100 billion coins. The foundation addressed community questions and misconceptions after an immediate security fix was deployed to prevent a potential unlimited minting risk.

What the bug could have done

The vulnerability, described as a minting flaw, could have allowed an attacker to generate XRP without authorization. If exploited, it would have inflated the supply beyond the hard cap, undermining the ledger's fixed-supply guarantee. The foundation moved quickly to patch the issue, but not before speculation spread across social media and crypto forums.

Why the total supply is unchanged

According to the foundation, the patch was applied before any malicious minting occurred. The ledger's consensus rules and supply checks held, meaning the 100 billion XRP cap is intact. That number is a core part of the asset's design: XRP was pre-mined at launch, and no new coins are issued through mining or staking rewards.

Community questions and misconceptions

The foundation said it fielded questions about whether the fix was a cover-up for missing funds or a sign that the supply had already been altered. It rejected those claims, stating that the security response was preemptive and that no unauthorized transactions were finalized. The foundation also clarified that the patch was not a change to the supply schedule or a bailout of any kind.

What happens next on the ledger

With the fix in place, validators and node operators are expected to continue running the updated software. The foundation didn't announce a timeline for a full post-mortem or technical write-up, but it said more details would be shared as they become available. For now, the ledger's supply stands where it always has: 100 billion XRP, no more.