Ripple Private Credit Partner Clearpool Finalizes Token Move to XRP Ledger

Key Summary

Clearpool, a private credit marketplace, has finalized its token move to the XRP Ledger, with 97.16% of its community voting in favor of the expansion. The project will migrate its native CPOOL token to the new asset CLEAR, targeting a 1:1 ratio. The deal involves Clearpool providing technology and smart contracts, Cicada Partners auditing borrowers and underwriting risk, and Ripple joining as a limited partner. Financing will occur exclusively in the dollar stablecoin RLUSD, with Hex Trust providing additional security and compliance. The token migration is scheduled for Q4 2026, with an initial supply of 1.125 billion CLEAR tokens and a deflationary mechanism to balance the remaining supply.