Clearpool Finance announced that institutional lending on the XRP Ledger is gaining traction, particularly with loans denominated and settled in RLUSD. This development, involving a collaboration with Cicada Partners, illustrates the expanding role of RLUSD beyond payments, as it becomes integral to institutional credit and settlement processes on XRPL. The XRPL lending and vault features remain in the testing phase and are not yet live on the mainnet. Markets view this as a positive indicator for Ripples ecosystem, with modest but growing confidence regarding XRP price targets in September.
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