Institutional credit marketplace Clearpool has formally approved a major blockchain expansion to the XRP Ledger after a governance vote passed with 97.16% support. The decision clears the way for the platform’s native CPOOL token to be replaced on a 1:1 basis by a new asset called CLEAR, with the migration targeted for the fourth quarter of 2026.
The move establishes a strategic framework with Ripple in the real-world asset private credit sector. Unlike speculative DeFi lending that relies on volatile crypto collateral, Clearpool aims to supply working capital financing to fintech businesses on XRPL. Ripple will participate as a limited partner, while credit manager Cicada Partners will audit borrowers and underwrite risk. Custody provider Hex Trust will add security and compliance support.
Financing will be conducted exclusively in Ripple USD (RLUSD), giving the dollar stablecoin its first organic circulation among institutional investors. The project also plans to recapitalize: the new CLEAR supply will rise to 1.125 billion tokens from CPOOL’s previous 1 billion. To limit dilution, 70% of the new supply will be distributed to current holders at launch, and half of all platform fees will be used to buy back and burn CLEAR.
The expansion will rely on XRPL native standards XLS-65 for regulated single-asset pools and XLS-66 for unsecured lending. In early October 2026, these amendments are still being tested on Devnet and need approval from 80% of validators before mainnet deployment. CPOOL has already reacted strongly, breaking above a year-long accumulation range to trade near $0.036554, with support around $0.028192 and a longer-term resistance target near $0.101003.
