CoinDesk

Ripple backs an RLUSD credit fund amid XRP's best week in months

Ripple backs an RLUSD credit fund amid XRP's best week in monthsWorldPing

Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting activation.

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

Related news

Ripple Backs RLUSD Lending Push on XRP Ledger With Clearpool, CicadaWorldPing
Bitcoin.com

Ripple Backs RLUSD Lending Push on XRP Ledger With Clearpool, Cicada

Ripple, Clearpool and Cicada Partners are building an institutional lending market on the XRP Ledger using RLUSD as the credit asset. The initiative aims to move DeFi yield away from trading-driven strategies and toward loans backed by real business demand.

Brief by WorldPing · Original reporting by Bitcoin.com