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Morning Edition · Friday, August 21, 2026Published at 1:52 AM EDT · New York
Ripple Backs an Institutional Credit Fund Denominated in RLUSD Before the Ledger Features It Needs Are Live
Clearpool and Cicada Partners are building the lending product, but the XRP Ledger functions underpinning it still await activation by validators.
Ripple is supporting an institutional lending product denominated in its RLUSD stablecoin, built by the credit protocol Clearpool with Cicada Partners. CoinDesk reports that the XRP Ledger features the product depends on have not yet been a…
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Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
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