Clearpool unveils v4.0 whitepaper: XRP Ledger expansion and 1:1 CPOOL-to-CLEAR migration
- —CPOOL migrates 1:1 to CLEAR: 1.429B total supply, 1.125B (78.75%) circulating at migration
- —XRP Ledger expansion settles in RLUSD with Ripple and Cicada Partners
- —About $965M in loans issued since 2021, with Jane Street and Wintermute among borrowers
- —50% of protocol fees to fund open-market buybacks and permanent CLEAR burns
Why it matters: Tying institutional credit to the XRP Ledger and RLUSD deepens Ripple's ecosystem and could broaden demand for the stablecoin.
Source: PANews