Ripple joins Clearpool, Cicada to launch institutional RLUSD credit fund

RippleX developers announced an institutional lending feature on the XRP Ledger with Clearpool Finance and Cicada Partners. The system is designed for tokenized private credit and real-world businesses such as fintech and payment companies, uses RLUSD for loans, routes lending activity through XRPL to increase XRP utility, and relies on XLS-65 and XLS-66. Mainnet deployment still depends on validator approval after Devnet testing.
AI Analysis
The article describes a new institutional lending feature on XRPL, partnerships with Clearpool Finance and Cicada Partners, and a planned use of RLUSD and XRP on-ledger lending. Impact is moderate because it is a product and utility update, but mainnet launch is still pending validator approval.