Ripple Joins Forces with Clearpool and Cicada to Bring Institutional Credit to XRPL

Ripple has partnered with Clearpool and Cicada Partners to introduce institutional-grade credit on the XRP Ledger (XRPL), according to an August 20 statement.

The collaboration aims to create a lending model for institutional investors, backed by Clearpool's lending infrastructure, Cicada's credit underwriting expertise, and Ripple's investment capital.

The partners estimate that approximately 98% of yield in DeFi comes from mechanisms such as looping, arbitrage, basis trades, points, and liquidity mining, leaving institutional allocators without a clear path into on-chain credit.

Clearpool will serve as the infrastructure provider, building an institutional credit layer on XRPL through its native Lending Protocol and Single Asset Vault architecture.