Clearpool Approves CLEAR Token Swap as Ripple Backs XRPL Credit Expansion

Summary

• Clearpool’s community approved the CPOOL to CLEAR token migration with 97.16% support as the protocol expands onto the XRP Ledger.
• Ripple will fund RLUSD credit pools while Cicada Partners manages borrower assessments and Hex Trust provides custody for institutional participants.
• Existing holders will receive CLEAR through a one-to-one conversion while Clearpool allocates half its protocol fees to buybacks and burns.

 

Clearpool’s community has approved a token overhaul that will support the institutional lender’s expansion into XRP Ledger credit markets. According to vote results, 97.16% backed the one-to-one CPOOL-to-CLEAR migration planned for Q4 2026, alongside plans for institutional lending products.

The approval advances Clearpool’s partnership with Ripple, linking its lending infrastructure with financing for fintech and payments companies. Borrowers will access working capital through loans denominated in RLUSD, Ripple’s dollar stablecoin, with settlement through the XRP Ledger.

Clearpool will build and operate the lending infrastructure, while Cicada Partners will manage credit assessment and borrower monitoring. Ripple will participate as a limited partner, providing capital for the credit pools rather than managing their daily operations.

Cicada’s responsibilities include sourcing borrowers, establishing loan conditions, and monitoring credit performance throughout the financing period. Hex Trust will support custody for lenders and borrowers, alongside integrations connecting institutional capital with the proposed lending infrastructure.

The arrangement targets business financing, extending Clearpool’s credit activities beyond loans primarily associated with cryptocurrency trading strategies. Loan underwriting will assess borrowers outside the blockchain, while the ledger infrastructure will handle issuance, servicing, and repayment.

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CLEAR Migration Adds Supply Allocations and Fee-Funded Token Burns

Existing CPOOL holders will receive one CLEAR token for each token they migrate, preserving their individual token counts. Clearpool’s published schedule lists 1.125 billion circulating CLEAR at migration, compared with the previous one billion CPOOL supply.

Scheduled releases increase that figure to approximately 1.429 billion after three years, before accounting for burns or additional issuance. Existing holders receive 70% of the allocation, with the remaining portion supporting partnerships, ecosystem incentives, and contributors.

Treasury and partnerships receive 15%, ecosystem incentives receive 10%, and contributors receive 5%, each following its specified release schedule. The conversion preserves holder balances, but additional issuance changes their proportion of the broader supply over time.

Clearpool also plans to direct half of protocol fees toward market purchases of CLEAR, followed by permanent token burns. Those purchases will depend on fees the platform generates, rather than a fixed commitment to remove a particular token quantity.

Despite the XRPL expansion, CLEAR will retain native ERC-20 issuance, with part of its supply bridging to the ledger. The structure supports token access across multiple networks while enabling incentives for users of Clearpool’s XRPL products.

The community vote establishes approval for the migration, while implementation still requires the team to deliver the planned token conversion. Clearpool’s lending rollout also depends on the underlying XRPL infrastructure becoming available for its institutional credit products.

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