Clearpool and Cicada Partner on RLUSD Credit Fund
Clearpool and Cicada Partners are building an institutional lending product around Ripple's RLUSD stablecoin—except the XRP Ledger upgrades needed to actually run it aren't live yet.
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
Key takeaways
- Clearpool and Cicada Partners are launching an institutional credit product powered by RLUSD.
- Key XRP Ledger features required to run the product are still awaiting activation.
- The initiative targets institutional borrowing and lending within the Ripple ecosystem.
Clearpool and Cicada Partners are joining forces to build an institutional lending product centered on Ripple's RLUSD stablecoin. Small problem, though: the underlying XRP Ledger features needed to actually run it aren't turned on yet.
Institutional Credit Meets RLUSD
This credit fund wants to bring structured institutional borrowing to the ecosystem via RLUSD. Clearpool is assembling the architecture alongside Cicada Partners, a non-custodial risk manager.
They're trying to push RLUSD past plain trading pairs and into real yield generation. But timing matters. The exact network features required to power this credit setup remain inactive on the XRP Ledger, leaving full deployment frozen until those technical hurdles clear.
Why it matters
If RLUSD wants any shot at taking on the giant stablecoin incumbents, institutional lending is mandatory. Functional credit markets give institutions a concrete reason to park capital on the XRP Ledger. Until validators flip the switch on those required network upgrades, the product sits stuck in waiting mode.
Source: CoinDesk
Top Crypto Casinos Right Now
🇦🇺 Showing sites that accept players from Australia Change country
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
More info Less info
Why we chose it: A US-oriented casino that turns away only New Jersey. The cashier takes crypto, but the site publishes fewer specifics than any operator we list.
- KYC
- Required
Restricted countries: New Jersey (US).
More info Less info
Why we chose it: One of the widest crypto line-ups of any book we list - seven coins with fast payouts - aimed squarely at Asia and Latin America rather than the US or Western Europe.
- Licence
- Curacao
Restricted countries: Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia and 21 more.
More info Less info
Why we chose it: Built for American bettors, priced accordingly. Biggest welcome bonus of the five, attached to the heaviest rollover of the five.
- Online since
- 1994
- Licence
- Curaçao
- Payout time
- 24–48 hours (crypto)
- Wagering
- 18x sportsbook / 30x casino
- KYC
- Required
Restricted countries: Belgium, Costa Rica, Croatia, Curaçao, Aruba, Sint Maarten, Caribbean Netherlands, France and 11 more.
Priya Nair
Priya covers the AI side of crypto — agent tokens, decentralised compute and where the two industries actually meet.
