Clearpool launches institutional credit on XRP Ledger
The platform enables native access to onchain finance, leveraging Cicada Partners and Ripple for underwriting and settlement in RLUSD.
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On-chain institutional lending and credit infrastructure platform
clearpool.financeLast updated
In short: Clearpool expanded its institutional credit ecosystem by partnering with Ripple on XRPL and launching new yield products and vaults.
The platform enables native access to onchain finance, leveraging Cicada Partners and Ripple for underwriting and settlement in RLUSD.
The institutional credit platform will run validator nodes and integrate XDC support, opening access to on-chain credit markets for XDC-native institutions.
Over 50 institutions join in July for U.S. Treasuries, ETFs, and equities, launching in October. It validates RWA and institutional DeFi.
$RLUSD reaches over $1.5B market cap in a year. The strategy targets 6%-15% APY, built with Hex Trust markets.
Ripple plans to invest as a limited partner in an institutional credit fund to lend its RLUSD...
Cicada, Clearpool, and Ripple have announced plans to deploy institutional lending directly on the XRP Ledger.
Clearpool CPOOL $0.0945 24h volatility: 5.7% Market cap: $78.99 M Vol. 24h: $10.82 M price...
Clearpool, a decentralized capital markets ecosystem, has partnered with on-chain credit risk management company Cicada in a move to institutionalize PayFi lending with improved risk...
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