Clearpool Unveils v4.0 White Paper With XRP Ledger Expansion and Token Migration Plan
Institutional credit platform Clearpool (CRYPTO:CPOOLUSD) has released its version 4.0 white paper, outlining plans to expand to the XRP Ledger and launch a one-to-one token migration from CPOOL to CLEAR. The expansion is being developed alongside Ripple and Cicada Partners, with transactions settling in the regulated stablecoin RLUSD. A governance vote approved the proposal with 97.16% support.
The update marks a broader move beyond the protocol's existing presence across six EVM-compatible networks. Since its launch in 2021, the credit platform has originated roughly $965 million in loans to major institutional borrowers including Jane Street, Flow Traders, and Wintermute. Under the new architecture, CLEAR will feature a total supply of 1.429 billion tokens, with 1.125 billion—or 78.75%—circulating upon migration. Additionally, half of all protocol revenue will be directed toward purchasing CLEAR on the open market and permanently burning those tokens.
Investors will be tracking the upcoming deployment of the XRP Ledger product as it undergoes testing on Devnet. The token transition and expansion into RLUSD settlement will also serve as key milestones for the platform's liquidity and institutional borrowing activity.
Key points
- Clearpool is launching a 1:1 token migration from CPOOL to CLEAR following a 97.16% approval vote.
- The protocol is expanding to the XRP Ledger in partnership with Ripple and Cicada Partners.
- Settlements on the XRP Ledger product will be handled in the regulated stablecoin RLUSD.
- CLEAR will have a total supply of 1.429 billion tokens, with 78.75% circulating at migration.
- Half of protocol fees will be allocated to buy back and permanently burn CLEAR tokens on the open market.
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How we writeDisclaimerQuestions and answers
What is the token migration ratio for Clearpool CPOOL to CLEAR?
CPOOL tokens will migrate to CLEAR on a 1:1 ratio as outlined in Clearpool's v4.0 white paper.
Which stablecoin will Clearpool use for settlements on the XRP Ledger?
Clearpool will use the regulated stablecoin RLUSD for settlements on the XRP Ledger expansion.
How does the new Clearpool fee burn mechanism work?
Half of all protocol fees will be used to buy back CLEAR tokens on the open market and permanently burn them.