Clearpool plans XRPL expansion and CPOOL migration

Clearpool has proposed expanding its institutional lending products to the XRP Ledger while replacing CPOOL with CLEAR through a 1:1 token migration and treasury recapitalization. Summary 70% of CLEAR’s initial allocation would fund a 1:1 migration for existing CPOOL holders. Clearpool plans to build credit products around XRPL’s proposed vault and lending standards. Ripple has committed capital to support yield products denominated in XRP and RLUSD. 50% of protocol fees would finance open-market CLEAR buybacks and permanent token burns. Clearpool plans institutional credit products on XRPL Clearpool said in its governance proposal that the expansion represents the protocol’s “next growth phase,” combining a move to the XRP Ledger with the proposed replacement of CPOOL by CLEAR. Existing CPOOL holders would receive the new token at a one-to-one ratio if the proposal passes. Clearpool is entering its next growth phase, expanding to the XRP Ledger.XRPL is one of the most established networks, with institutional credit still largely untapped. We're bringing real-world, institutional-ready lending infrastructure, built natively on XRPL.To power it,… pic.twitter.com/YZ2WW6NQE3— Clearpoo...