Clearpool Expands to XRPL with Institutional Credit Product Proposal
Clearpool has announced its expansion to the XRP Ledger (XRPL) through a governance proposal on September 11, 2026. This move aims to create the first institutional credit product on Ripple's RLUSD stablecoin. Clearpool is partnering with Cicada Partners and Hex Trust for this initiative.
Alessio Quaglini, co-founder of Clearpool, highlighted the significance of this development: 'We’re incredibly excited about this development. This initiative is a major milestone because it marks the very first institutional credit product built natively around Ripple’s new RLUSD stablecoin.'
The proposal outlines how Clearpool will build and operate curated credit vaults using XLS-65 Single Asset Vaults, with loans issued through the XLS-66 Lending Protocol. Cicada Partners will manage the credit infrastructure, sourcing borrowers and setting loan covenants.