Ripple Backs RLUSD Lending Push on XRP Ledger With Clearpool, Cicada
Ripple, Clearpool and Cicada Partners are building an institutional lending market on the XRP Ledger using RLUSD as the credit asset. The initiative aims to move DeFi yield away from trading-driven strategies and toward loans backed by real business demand. Ripple, Clearpool and Cicada Shift DeFi Yield Toward Real Business Credit Ripple is backing a […]
Key Takeaways
- Ripple, Clearpool and Cicada Partners are building an institutional lending market on the XRP Ledger using RLUSD as the credit asset.
- The initiative aims to move DeFi yield away from trading-driven strategies and toward loans backed by real business demand.
- Ripple, Clearpool and Cicada Shift DeFi Yield Toward Real Business Credit Ripple is backing a […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi
Bitcoin, Stocks and Gold Rip Higher While Bond Market Fear Festers
U.S. stocks ripped higher Friday while bitcoin held the $77,000 line after a nearly 24% weekly tear to a seven-day peak of $79,461, as softer Treasury yields gave markets breathing room while inflation, runaway debt, and Middle East oil risks kept traders…
A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
July output was worth roughly $1.16 million at Aug. 21 spot prices before unsettled hosting costs, as interest begins on $16 million of seller notes. The post A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin…
Hashdex Liquidates DEFI As First US Spot Bitcoin ETF Closure Arrives
Hashdex Liquidates DEFI As First US Spot Bitcoin ETF Closure Arrives - Read the full analysis.