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      Clearpool Launches Institutional Credit Product on XRP Ledger Using RLUSD

      Clearpool, a decentralized finance (DeFi) lending protocol, has announced the launch of its first institutional credit product on the XRP Ledger, utilizing Ripple's RLUSD stablecoin. This initiative aims to provide working capital loans specifically for fintech and payments companies. The partnership, which includes Ripple and Cicada Partners, was revealed during an announcement made on August 20-21, 2026.

      The collaboration involves Clearpool supplying the lending infrastructure, while Cicada Partners, which has extensive experience in credit underwriting, will manage credit evaluation and risk. Ripple will act as a limited partner, contributing capital for RLUSD yield products and offering technical support for the integration of the stablecoin. The loans will be denominated in RLUSD, which has a market capitalization of approximately $2.37 billion since its launch in December 2024.

      Currently, the product is undergoing testing on the XRP Ledger's Devnet and has not yet been deployed on the mainnet. The implementation relies on two proposed standards, XLS-65 and XLS-66, which are pending validator approval. If approved, these standards will enable native support for vault and lending functionalities on the network, positioning Clearpool's offering within a more regulated framework of the DeFi ecosystem.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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