Clearpool launches RLUSD credit product on XRPL with Ripple and Cicada Partners
Ripple USD (RLUSD)
Editor:
Eugene Serbin
cryptobriefing.com reports that Clearpool is expanding to the XRP Ledger with its first institutional credit product. The protocol partners with Ripple and Cicada Partners to offer working capital loans denominated in RLUSD. Clearpool provides the lending infrastructure, while Cicada Partners manages credit risk with over $860 million in underwriting experience.
Ripple participates as a limited partner, contributing capital and technical support for the stablecoin integration. The loans target fintech and payments companies, utilizing RLUSD which has a market cap of roughly $2.37 billion. The product is currently testing on XRPL’s Devnet and relies on proposed standards XLS-65 and XLS-66.
These standards require validator approval before activation on the main network. Clearpool also proposed a 1:1 migration from CPOOL to CLEAR on September 11, 2026. This new token increases total supply from 1 billion to 1.125 billion, allocating 70% to existing holders.
The protocol has originated over $965 million in loans since 2021 with $30 million in current TVL. RLUSD operates under NYDFS supervision with custody handled by BNY. The yield comes from actual economic activity rather than token emissions.
How the market reacted
Whalio's own Binance spot order flow for RLUSD, measured when this story was written up on 15 September 2026. Not the outlet's figures.
RLUSD trades at $1.00 with a 1-hour buy ratio of 66.5%, indicating strong immediate buying pressure. This contrasts with a 4-hour buy ratio of 59.5% and a 24-hour ratio of 48.5%, showing that short-term demand is outpacing the daily average. Volume delta is positive in the short term, with +$275,182 in the last hour and +$3,004,383 over four hours. However, the 24-hour volume delta is -$1,585,136, suggesting net selling over the full day. CVD closed at -$10,779,076 for the 24-hour period. Spot volume reached $52,376,574 with 8,339 trades. Net buying occurred for 14 of the last 24 hours.
The latest daily buy ratio of 39.6% sits at the 19th percentile of the last 267 days, against a median of 52.6% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for RLUSD, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 54.3%, making the current 24-hour ratio of 48.5% notably lower. Trading volume was 0.90x the weekly average, indicating slightly lighter activity. The coin saw net buying on 5 of the last 7 days. Volume delta over eight days totaled +$16,232,819. Price remained flat with a 0.0% change over eight days. This represents a shift from the weekly trend of net buying to a mixed daily outcome with short-term strength but daily net outflows.