Ripple Launches Institutional Lending Fund on XRP Ledger with RLUSD Stablecoin

Ripple has partnered with lending infrastructure provider Clearpool and credit manager Cicada Partners to launch an institutional lending fund on the XRP Ledger.

The fund, which will use Ripple's RLUSD stablecoin as its loan currency, aims to provide working capital to fintech and payments companies through loans denominated in RLUSD.

Cicada will be responsible for identifying potential borrowers, establishing lending terms, and monitoring credit risk, while Clearpool is developing the infrastructure required to create and operate the lending pools.

Ripple will participate as an investor alongside other institutions, but its role as a limited partner means it will invest under the same terms as other participating investors and will not provide a guarantee against potential lending losses.