Ripple, Cicada and Clearpool bring institutional real-world lending to XRPL, using RLUSD and native lending infrastructure to fund fintech and payment firms

Ripple is acting as a limited partner in the credit fund alongside institutional co-investors on equal, pari passu terms—capital provider rather than backstop. Clearpool, which has facilitated over $930M in institutional loans since 2021, is building the credit layer using XRPL's native Lending Protocol (XLS-66) and Single Asset Vaults (XLS-65). Cicada Partners, with $860M+ underwritten, handles origination and servicing. Borrowers are fintechs and payment companies using RLUSD for working capital. Integration is on XRPL Devnet, pending community amendment voting before Mainnet activation.

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• Institutional Adoption
• Ripple
• Infrastructure
• Payments