Ripple is supporting a new institutional credit fund designed to provide working-capital loans in RLUSD, its U.S. dollar-pegged stablecoin, to fintech and payments companies through the XRP Ledger (XRPL). The initiative brings together Ripple, institutional lending platform Clearpool, and credit manager Cicada Partners. Cicada will identify borrowers, structure loan terms, and oversee credit risk, while Clearpool develops the infrastructure for creating and managing lending pools. Ripple will participate as an investor alongside other institutional participants. The size of the credit fund… Read more
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