NewsMV
A governance proposal filed on September 11, 2026, outlines the creation of the first institutional credit product built on Ripple's RLUSD stablecoin, with Clearpool expanding its operations onto the XRP Ledger.
The initiative is designed to lend RLUSD to fintech companies for working capital, with Ripple participating as a limited partner in the fund.
Developed in partnership with Cicada Partners and Hex Trust, the project aims to unlock efficient and transparent working capital for fintechs while offering secure, compliant yield opportunities for institutional lenders.
Alessio Quaglini, co-founder of Clearpool and CEO of Hex Trust, described the development as a major milestone for the native integration of RLUSD into institutional credit structures.
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