Ripple, Clearpool and Cicada Bring $930M Institutional Credit Push to XRP Ledger

1 month ago 11

Rommie Analytics

Key Takeaways:

  • Ripple, Clearpool and Cicada are introducing institutional lending to the XRP Ledger.
  • Since 2021, Clearpool has arranged over $930 million in institutional loans.
  • RLUSD will provide credit for fintech, payment providers and crypto enterprises.