Ripple, Clearpool, and Cicada team up to build new credit rails on XRPL

Ripple has joined forces with Clearpool and Cicada Partners to bring real-world credit to the XRP Ledger (XRPL), according to an Aug. 20 statement. The companies aim to create an an onchain lending model for institutional investors backed by Clearpool’s lending infrastructure, Cicada’s credit underwriting, and Ripple’s investment capital. The effort comes as the partners argue that most DeFi yield is still generated by crypto market activity rather than productive lending. They estimate that roughly 98% of yield comes from mechanisms including looping, arbitrage, basis trades, points and liquidity mining. That has left institutional allocators without a clear path into onchain credit, even as stablecoin activity and tokenized private credit continue to grow. 1/5We’re excited to announce a new collaboration with @Ripple, @cicadacredit and @ClearpoolFin to bring institutional-grade credit to XRPL. Together, we’re combining Clearpool’s lending infrastructure with Cicada Partners’ credit expertise and borrower pipeline to support… https://t.co/8ddarQ0IAL — Cicada Partners (@cicadacredit) August 20, 2026 As the initiative’s infrastructure provider, Clearpool will build an institutional ...