Ripple Is Turning RLUSD From a Payment Token Into Institutional Lending Collateral
A new institutional credit fund backed by Ripple, Clearpool, and Cicada Partners is deploying RLUSD as a primary lending asset on the XRP Ledger (XRPL). By facilitating the direct lending of this stablecoin to fintech and payments firms, the initiative shifts RLUSD from its initial role as a payment-focused asset into the domain of institutional…