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
Now it gets really serious on the XRPL.
Institutions are coming on to the XRP Ledger for borrowing and lending amendment with clear commitment. Not a "maybe" or "perhaps". It's happening.
Clearpool provides the infrastructure (Permissioned Vault), Cicada provides the credit expertise (Loan Broker), and Ripple provides the capital (Depositor).
and the borrowers are FinTechs π.
Supply capital, earn yield, supply more capital -> Flywheel effect of compounding.
All on XRP using XLS-66 (Lending) and XLS-65 (SAV) features, XRP as native settlement asset across the flow and for fees / reserves.
More usage of the XRP protocol feeds the activity engine. Amazing to see this upcoming and next up is a demo of those flow!
Super excited to finally reveal our partnership with
@Ripple and @cicadacredit which has been a very long time in the works!
Clearpool is building out the institutional lending platform for the XRP Ledger.
We are gearing up for launch soon. Ready for our new chapter π
$CPOOL $XRP
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 π
All creator fees have been used to buy back solana:Db44YYLxwaEjMLFU8S3Qy5Qz12h3jWw4YG9Wa1Wdpump
These tokens have been locked via @streamflow_fi
Almost 70% has been taken out of circulation
An honest chart with the strongest floor
Buy backs and locks must continue again and again β