Ripple Joins Clearpool, Cicada to Launch Institutional RLUSD Credit Fund

Institutional Lending Comes to XRP Ledger as Ripple, Clearpool, and Cicada Join Forces

Institutional lending is coming to the XRP Ledger (XRPL), with a new partnership between Clearpool, Cicada Partners, and Ripple bringing real-world lending activity onchain. XRPL developer Vet (Hussein Zangana) highlighted the development on X, saying, “Now it gets really serious on the XRPL.” He described the move as a clear institutional commitment to borrowing and lending on the ledger.Visit Website

Ripple joins Clearpool, Cicada to launch institutional RLUSD credit fund

Ripple has backed a new institutional credit fund that will issue RLUSD working-capital loans to fintech and payments companies through the XRP Ledger, with Clearpool and Cicada Partners handling the lending infrastructure and credit management. CoinDesk reported on Aug. 21…

Ripple Is Turning RLUSD From a Payment Token Into Institutional Lending Collateral

A new institutional credit fund backed by Ripple, Clearpool, and Cicada Partners is deploying RLUSD as a primary lending asset on the XRP Ledger (XRPL). By facilitating the direct lending of this stablecoin to fintech and payments firms, the initiative shifts RLUSD from its initial role as a payment-focused asset into the domain of institutional credit collateral. This represents the first institutional lending product to utilize RLUSD on the XR…

Ripple News: XRPL Eyes Crypto Lending Market

Key Insights: Ripple is collaborating with Cicada and Clearpool to launch a lending market on XRPL. The firm said XRP Ledger is designed for institutional credits This could further boost XRP’s recovery above $1, as the token climbs 12% over the past 24 hours. XRP price extended its recovery as Ripple backed a new institutional lending initiative on the XRP Ledger. Ripple will work with Cicada Partners and Clearpool to develop credit markets us…

Ripple Backs RLUSD Credit Fund for Institutional Lending on XRP Ledger

Ripple is supporting a new institutional credit fund designed to provide working-capital loans in RLUSD, its U.S. dollar-pegged stablecoin, to fintech and payments companies through the XRP Ledger (XRPL). The initiative brings together Ripple, institutional lending platform Clearpool, and credit manager Cicada Partners. Cicada will identify borrowers, structure loan terms, and oversee credit risk, while Clearpool develops the infrastructure for …

Ripple, Cicada, And Clearpool Partner To Deploy Institutional Lending On XRP Ledger

Cicada, Clearpool, and Ripple have announced plans to deploy institutional lending directly on the XRP Ledger. It combines the partners’ unique expertise in credit, underwriting, liquidity provision, and settlement solutions. Ripple, Cicada Credit, and Clearpool Finance have jointly announced a partnership to deploy institutional lending directly on the XRP Ledger (XRPL). It brings together Cicada’s credit and borrower pipeline, Clearpool’s fina…