October 5th 2026, 8:04 AM
Ripple's Clearpool Merges With 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.
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Key Findings
Clearpool, a private credit partner of Ripple, has completed its transition to the XRP Ledger, marking a significant shift in the company's operations. This move is aimed at streamlining Clearpool's processes and increasing its efficiency.Regulatory Implications
The transition to the XRP Ledger is expected to have a positive impact on Ripple's regulatory landscape, as it will allow the company to better comply with anti-money laundering and know-your-customer regulations.Market Reaction
The introduction of the new CLEAR token with a deflationary model is expected to incentivize liquidity provision and reduce token supply, which could lead to increased market activity and better price discovery.#XRP#XRPL#Ripple#Clearpool