1/5
We’re excited to announce a new collaboration with @Ripple, @cicadacredit and @ClearpoolFin to bring institutional-grade credit to XRPL.
Together, we’re combining Clearpool’s lending infrastructure with Cicada Partners’ credit expertise and borrower pipeline to support real-world lending activity onchain. 👇
3/3
If you want the research side of the house, start here:
We publish all of our credit risk frameworks, DeFi indices and issuer risk scorecards 👇
https://t.co/tLr5Cgzfgd
DMs are open for allocators, originators, borrowers, and XRPL builders. Thank you! 🙏
1/3
Thank you to everyone who followed @cicadacredit after our joint announcement with @RippleXDev and @ClearpoolFin.
The post traveled farther than we expected. A short primer on who just showed up in your feed...
2/3
Cicada Partners is the credit team in that structure.
We source borrowers, set covenants, and monitor credit health. @ClearpoolFin builds the rails. Ripple participates as an LP in the credit fund.
Full write-up: https://t.co/VATQjuWeQn
The ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed monthly independent attestation for July is now live! Some late-summer highlights…
1/ RLUSD crossed $2B this month, with over $1B issued on the XRP Ledger alone. Not even two years in, we’re very excited about what’s ahead. Market cap isn’t everything, but some milestones are worth celebrating (this one especially) 🚀 https://t.co/RJhyWyYJaF
2/ Ripple made strategic investments in ZILO and Licuido to expand digital capital markets infrastructure on the XRP Ledger, with ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed serving as the regulated cash leg for transactions involving tokenized assets. https://t.co/RODrBonUm0
3/ @Bybit_Official launched Phase 2 of its RLUSD Hold & Earn program after surpassing $50M in assets under custody in just 11 days. https://t.co/NkQdzNbUSH
4/ Ripple joined @ClearpoolFin and @CicadaCredit to bring institutional lending to the XRP Ledger, using RLUSD as the credit asset for loans to fintechs, payments companies and other businesses. https://t.co/cuQLMgJoZt
5/ Ripple, @MCSocialVenture, @BlockBima and @Fortunecreditld put ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed to work in Kenya, helping small businesses access insurance and credit faster and more efficiently. TL;DR: a 97% reduction in settlement time, at 3,000x lower cost. Real-world utility in action. 🌍 https://t.co/c7qoZfYBeY
Check out all previous reports here: https://t.co/6uTMRqKPSz
@xrpl_commons@Mastercard Get in touch with us If you're building on top of Lending Protocol (XLS-66) and Single Asset Vaults (XLS-65).
We're setup to lend into vaults once the amendments are in production and happy to help participating developers.
Institutional-grade credit is coming to the XRP Ledger (XRPL).
@Cicadacredit brings credit expertise and a borrower pipeline, powered by @ClearpoolFin infrastructure built on the XRPL Lending Protocol and Single Asset Vault.
Cicada has the full story on how it works 👇
1/5
We’re excited to announce a new collaboration with @Ripple, @cicadacredit and @ClearpoolFin to bring institutional-grade credit to XRPL.
Together, we’re combining Clearpool’s lending infrastructure with Cicada Partners’ credit expertise and borrower pipeline to support real-world lending activity onchain. 👇
@RippleXDev@cicadacredit@ClearpoolFin Now it’s up to the XRPL validators to approve the Lending Protocol amendment. Get out and vote!
https://t.co/mI7VHEtUym
We support current 'regulatory certainty' for stablecoins under the GENIUS Act, but without Clarity Act's potential laws for broader market structure, broker custody, trading mechanisms, stablecoins will unlikely reach its potential on a short and medium term basis.
Clearpool joins forces with @Ripple and @cicadacredit to build out the flagship institutional lending platform on the XRP Ledger.
This partnership brings together three parties; each with a distinct yet symbiotic role to deploy significant institutional lending on XRPL.
Clearpool's platform enables a curator-driven model where independent risk managers operate isolated credit markets.
A new chapter for XRPL and Clearpool. A much bigger opportunity for on-chain credit.
ripple:native $CPOOL @RippleXDev
5/5
This feed is for informational purposes only. It is not investment, legal, or tax advice, nor an offer to buy or sell securities. Do your own research. Decisions are solely your responsibility.
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4/5
Three complementary roles, one shared goal: expanding institutional lending and real-world credit activity on XRPL.
Read the full announcement here: https://t.co/VATQjuWeQn
Follow @CicadaPartners, @RippleXDev and @ClearpoolFin for updates.
We support current 'regulatory certainty' for stablecoins under the GENIUS Act, but without Clarity Act's potential laws for broader market structure, broker custody, trading mechanisms, stablecoins will unlikely reach its potential on a short and medium term basis.
.@POTUS and Congress delivered the GENIUS Act, establishing a landmark framework and clear rules of the road for payment stablecoins, and Treasury is moving quickly to implement that framework. @USTreasury welcomes input from stakeholders as we work to provide the regulatory certainty businesses need to innovate and grow in America, cement the role of the U.S. dollar as the world’s reserve currency, and keep America the crypto capital of the world.