Clearpool, an institutional lending protocol with over $965 million in loans originated, proposes migrating fully to the XRP Ledger. This includes swapping its CPOOL token for a new CLEAR token and launching RLUSD-denominated credit products backed by Ripple and managed by Cicada Partners. The migration introduces new credit standards requiring 80% validator approval before activation. If approved, this move would mark a major shift in DeFi lending infrastructure and expand Clearpool's institutional credit offerings on a payments-focused blockchain.
Ripple has extended its agreement with Brevan Howard, a fund manager with $35 billion under management, to provide multi-asset prime brokerage, clearing, and financing through Ripple Prime. This builds on their previous relationship, including Brevan...
Firelight, a DeFi insurance protocol, has launched coverage backed by 50.2 million XRP staked on the Flare network, totaling $115 million in coverage capacity. This new use of staked XRP enhances its utility within DeFi by protecting against smart-co...
XRP futures trading volume remained close to the highest levels seen in the past six months during September, with Binance leading the market at $32.36 billion in volume. Other major exchanges like Bybit and OKX also reported strong activity, indicat...
Ripple has broadened its partnership with global investment firm Brevan Howard by offering multi-asset prime brokerage, clearing, and financing services through Ripple Prime. This expanded agreement allows Brevan Howard to access Ripple Prime's cross...
Brevan Howard, managing about $35 billion in assets, is increasing its use of Ripple Prime for brokerage, clearing, and financing services across digital and traditional markets. Ripple Prime, developed after Ripple's $1.25 billion acquisition of Hid...
