Clearpool Approves CLEAR Token Migration as Ripple-Backed XRPL Lending Expansion Advances
Clearpool's community has approved a one-to-one migration from CPOOL to CLEAR, paving the way for the institutional lender's expansion into credit markets on the XRP Ledger. Voting results showed 97.16% support for the migration, which is planned for the fourth quarter of 2026 alongside new institutional lending products.
The approval comes as Clearpool advances a partnership with Ripple to provide financing for fintech and payments companies. The planned loans will be denominated in RLUSD, Ripple's dollar stablecoin, with transactions settled through the XRP Ledger.
Clearpool, Ripple and Cicada Define Lending Roles
Clearpool will develop and operate the infrastructure supporting the lending program, while Cicada Partners will oversee credit assessment and borrower monitoring. Ripple will participate as a limited partner, supplying capital to credit pools without taking responsibility for their day-to-day management.
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| Source: Clearpool |
Cicada's role will include finding borrowers, setting loan terms and tracking credit performance throughout the financing period. Hex Trust will provide custody support for lenders and borrowers, while integrations are planned to connect institutional capital with the lending infrastructure.
The initiative is designed to expand Clearpool's lending activity into business financing rather than concentrating primarily on loans connected to cryptocurrency trading strategies. Borrowers will be assessed based on their activities outside the blockchain, while the ledger infrastructure will be used for loan issuance, servicing and repayment.
CLEAR Migration Changes Token Supply Structure
Under the approved migration, existing CPOOL holders will receive one CLEAR token for every CPOOL token they migrate, preserving their individual token counts. Clearpool's published schedule sets the circulating CLEAR supply at 1.125 billion at the time of migration, compared with the previous CPOOL supply of 1 billion.
The scheduled supply is expected to reach approximately 1.429 billion after three years, before accounting for token burns or any additional issuance. Existing holders are allocated 70% of the supply, while the remainder is designated for partnerships, ecosystem incentives and contributors.
Of the total allocation, 15% is assigned to the treasury and partnerships, 10% to ecosystem incentives and 5% to contributors. Each category follows its specified release schedule. Although the migration maintains the number of tokens held by existing users on a one-to-one basis, the additional supply affects their share of the overall token supply over time.
Clearpool Plans Fee-Funded CLEAR Burns
Clearpool also plans to use half of protocol fees for market purchases of CLEAR, with the purchased tokens then permanently burned. The scale of those purchases will depend on the fees generated by the platform rather than a predetermined amount of tokens being removed from circulation.
Despite its expansion into the XRP Ledger ecosystem, CLEAR will continue to have native ERC-20 issuance, with a portion of its supply bridged to the ledger. The structure is intended to allow access to the token across multiple networks while supporting incentives connected to Clearpool's XRPL products.
The community vote gives the migration approval, but implementation still requires Clearpool to execute the planned token conversion. The institutional lending rollout also depends on the availability of the underlying XRP Ledger infrastructure required for the new credit products.
Writer: Marcus RenfieldCrypto Market Analyst & Onchain WriterMarcus Renfield covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends.He aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.