Clearpool and Cicada Partners are building an institutional lending product that uses RLUSD, with Ripple backing the effort. The product is aimed at institutional credit funds, while the XRP Ledger features that underpin it are still waiting to be activated. CoinDesk said the update came as XRP logged its strongest week in months.
Clearpool and Cicada Partners are building an institutional lending product that uses RLUSD, with Ripple backing the effort.
The product is designed for institutional lending. The XRP Ledger features that support it have not yet been activated.
CoinDesk said the news came during XRP’s best week in months.
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