Ripple backs an RLUSD credit fund amid XRP's best week in months

Bullish-0.02%
21 Aug, 05:29
Source: CoinDesk

AI Summary

Clearpool and Cicada Partners are launching an institutional lending product using Ripple's RLUSD stablecoin on XRP Ledger, signaling growing institutional adoption amid XRP's strong weekly performance.

Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting activation.