Clearpool's proposal to move its institutional lending business to the XRP Ledger was approved by 97.16% of voters. The plan includes replacing the CPOOL token with a new CLEAR token at a one-to-one conversion rate, targeting the fourth quarter of 2026 for migration. CLEAR will start with 1.125 billion tokens, with 70% allocated to existing holders. Additionally, 50% of protocol fees will be used to buy and burn CLEAR tokens, and loans will be issued in Ripple's stablecoin RLUSD instead of XRP. This migration and lending launch mark significant steps in Clearpool's expansion on the XRP Ledger.
Clearpool's migration to the XRP Ledger is the subject here. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 08, 2026 03:43 WIB: Out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell today. Notable movers include CAKE at Rp39.596 with a -8.54% change, THETA at Rp3.874 with a -8.52% change and 100% buy order activity, and EOS at Rp12.649 with an 8.13% increase.
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