XRPL Releases Post-Mortem on July 30 Incident
The XRP Ledger released rippled version 2.2.1 on July 30, 2024, delivering a targeted fix for a critical server bug introduced in version 2.2.0. The issue affected the handling of certain RPC requests in rippled, the reference server implementation used by XRPL infrastructure operators, rather than representing a failure of the ledger’s underlying consensus mechanism.
XRP Ledger Pilot Links Treasury Redemption to Bank Settlement
The XRP Ledger processed the asset leg of a pilot tokenized U.S. Treasury redemption in under five seconds, triggering a coordinated fiat settlement through Mastercard’s Multi-Token Network and J.P. Morgan’s Kinexys. The test connected public-ledger finality with correspondent banking settlement, showing how institutional tokenized assets could move through a near-real-time, end-to-end redemption flow.