Clearpool Proposes XRP Ledger Migration with Ripple-Backed Fintech Fund
Clearpool, an institutional lending protocol that has originated over $965 million in loans since 2021, is proposing a full migration to the XRP Ledger. The move would bring its entire credit infrastructure onto XRPL and introduce a new token, new credit standards, and a Ripple-backed fund targeting fintech borrowers.
The governance proposal was opened for community discussion on September 11, 2026. If approved, it would represent one of the most significant protocol migrations in recent DeFi history.
The migration involves a token swap: Clearpool's existing CPOOL token would be exchanged for a new CLEAR token at a 1:1 ratio. The initial total supply of CLEAR would be set at 1.125 billion tokens, with a long-term target of 1.428 billion due to scheduled unlocks.
Ripple is participating as a limited partner in a new credit fund that will focus on RLUSD-denominated institutional loans for the fintech sector. The protocol currently holds $30 million in Total Value Locked.