Clearpool proposes full migration to XRP Ledger for institutional credit products

Clearpool, the institutional lending protocol that has originated over $965 million in loans since 2021, is proposing a full migration to the XRP Ledger. The move would bring its entire credit infrastructure onto XRPL and introduce a new token, new credit standards, and a Ripple-backed fund targeting fintech borrowers. The governance proposal was opened for community discussion on September 11, 2026. If approved, it would represent one of the most significant protocol migrations in recent DeFi history, effectively relocating an established lending platform from its current infrastructure to a completely different chain. What the migration actually involves At the core of the proposal is a token swap: Clearpool’s existing CPOOL token would be exchanged for a new CLEAR token at a 1:1 ratio. The initial total supply of CLEAR would be set at 1.125 billion tokens, with a long-term target of 1.428 billion due to scheduled unlocks. The allocation breaks down as follows: 70% goes to existing CPOOL holders, 15% is earmarked for treasury and partnerships, and the remaining 15% is split between ecosystem incentives and contributors. To offset dilution concerns, Clearpool is proposing that 50%...