Ripple, Clearpool, and Cicada Bring Institutional Lending to XRP Ledger

Ripple has teamed up with Clearpool and Cicada Partners to bring institutional lending to the XRP Ledger. The partnership aims to provide regulated financial firms with access to real-world credit markets using blockchain infrastructure.

Cicada will handle credit operations, including loan origination, servicing, and evaluation of borrowers. Clearpool will build the lending system using its Lending Protocol and Single Asset Vault architecture.

The RLUSD stablecoin will serve as the underlying credit asset, with participant eligibility and asset management handled by XRP Ledger's Permissioned Domains, Credentials, and Clawback controls.