Ripple Backs RLUSD Lending Initiative with Clearpool and Cicada Partners

Ripple is joining forces with Clearpool and Cicada Partners to launch a new institutional credit initiative on the XRP Ledger. The project will allow fintechs, payment companies, and crypto businesses to borrow RLUSD against real working-capital needs.

The initiative brings together three distinct roles: Clearpool is building the lending infrastructure, Cicada will originate and manage credit, and Ripple will invest in the fund alongside other limited partners on equal terms.

Clearpool estimates that roughly 98% of DeFi yield comes from market mechanisms such as looping, arbitrage, basis trades, and liquidity incentives. The new model is intended to provide a more traditional source of return: interest paid by operating companies.