Clearpool abandons Ethereum exclusivity and migrates its core infrastructure to the XRP Ledger, replacing the CPOOL token with CLEAR at a 1:1 ratio. The protocol will launch an institutional credit fund alongside Cicada Partners, with Ripple as a partner and settlements exclusively in RLUSD.
Clearpool has proposed expanding its institutional lending products to the XRP Ledger while replacing CPOOL with CLEAR through a 1:1 token migration and treasury recapitalization.
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.
Ripple's initiative could revolutionize institutional lending by integrating real-world credit into blockchain, potentially boosting DeFi's credibility. Ripple, Clearpool, and Cicada team up to build new credit rails on XRPL.
Clearpool Prime lets verified institutions borrow and lend stablecoins directly through permissioned, non-custodial pools with visible terms and no collateral requirement. Borrowers set loan size, rate and duration, while lenders assess credit independently and receive enforceable claims against identified legal counterparties.
Clearpool's new vault could bridge crypto with traditional finance, offering high yields but also introducing real-world financial risks. Clearpool launches trade finance vault with 15% target yield backed by real-world invoices.
Clearpool is betting that the next leg of DeFi growth won't come from more overcollateralized lending, but from bringing ‘institutional credit' on-chain—turning real-world borrowing demand into sustainable, transparent yield. The protocol says it is building a legally enforceable, compliance-first framework designed to move parts of the multi-trillion-dollar credit market onto blockchain rails.