{"id":149002,"date":"2026-10-06T11:02:54","date_gmt":"2026-10-06T11:02:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=149002"},"modified":"2026-10-06T11:02:54","modified_gmt":"2026-10-06T11:02:54","slug":"clearpools-97-vote-brings-credit-to-xrpl-not-ripple-xrp-demand","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=149002","title":{"rendered":"Clearpool\u2019s 97% Vote Brings Credit to XRPL, Not Ripple XRP Demand"},"content":{"rendered":"<div>\n<p>Clearpool holders approved an expansion to the XRP Ripple Ledger with 97% support, backing a one-for-one conversion from CPOOL to the new CLEAR token.<\/p>\n<p>But the institutional credit product tied to the move lends and repays in RLUSD, not XRP-a distinction that could lift activity on the ledger without creating much direct demand for XRP.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Governance vote passed <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/2705.png\" alt=\"\u2705\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>The Clearpool community has approved expansion to the XRP Ledger and the 1:1 migration of CPOOL \u2192 CLEAR with 97.16% in favor.<\/p>\n<p>Migration is targeted for Q4. More details on next steps to come <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f64f.png\" alt=\"\ud83d\ude4f\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/fyb7hcg5eB\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/fyb7hcg5eB<\/a><\/p>\n<p>\u2014 Clearpool (@ClearpoolFin) <a href=\"https:\/\/x.com\/ClearpoolFin\/status\/2106963024049496300?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 5, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to multiple reports, the migration was reported on October 5, 2026, with the transition expected in the fourth quarter. XRP was about $1.51 that day, up 0.8% over 24 hours and 1.9% over seven days.<\/p>\n<p>Clearpool is adding credit infrastructure to XRPL, but the announced product\u2019s dollar-based settlement does not require borrowers to use XRP Ripple tokens, a caveat that investors should be taking note of.<\/p>\n<h2>What Changes in the CPOOL-to-CLEAR Migration?<\/h2>\n<p><span style=\"font-weight: 400\"><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_6ac4d4ecab35c\" data-coin-id=\"clearpool\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_6ac4d4ecab35c-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_6ac4d4ecab35c-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_6ac4d4ecab35c-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_6ac4d4ecab35c-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_6ac4d4ecab35c-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_6ac4d4ecab35c-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_6ac4d4ecab35c-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_6ac4d4ecab35c-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_6ac4d4ecab35c-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_6ac4d4ecab35c-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_6ac4d4ecab35c-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_6ac4d4ecab35c-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p>\u00a0<\/span><\/p>\n<p>CPOOL, Clearpool\u2019s token, will convert to CLEAR at a 1:1 ratio on the XRP Ledger, with an initial circulation of 1.1 billion CLEAR tokens. The token migration changes how transactions are recorded but does not affect Clearpool\u2019s borrowers or loan sizes, as the Ethereum marketplace will continue to operate alongside the XRPL expansion.<\/p>\n<p>Clearpool partners with Ripple and Cicada Partners: Clearpool provides lending infrastructure, Cicada assesses borrowers, and Ripple is a limited partner without loss guarantees. Target borrowers include fintechs and payment processors seeking working capital. Since 2021, Clearpool has facilitated over $930M in loans, while Cicada has underwritten over $ 860M.<\/p>\n<p>Loans are processed in RLUSD, a dollar-pegged stablecoin, with XRP used for network fees that are burned. Clearpool plans to allocate half of its protocol fees to buy back and burn CLEAR, benefiting CLEAR holders but not creating direct demand for XRP. The distinction between RLUSD usage and XRP demand is significant, as using a dollar stablecoin does not equate to needing XRP for loans.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> CLEARPOOL EXPANDS TO XRPL <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Clearpool\u2019s community has approved its expansion to the XRP Ledger with 97.16% support, alongside the migration from CPOOL to CLEAR.<\/p>\n<p>Another institutional credit project is moving toward XRPL.<\/p>\n<p>The infrastructure keeps expanding. <a href=\"https:\/\/t.co\/Du2sXKTzyC\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/Du2sXKTzyC<\/a><\/p>\n<p>\u2014 John Squire (@TheCryptoSquire) <a href=\"https:\/\/x.com\/TheCryptoSquire\/status\/2107312390895190216?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 6, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/99bitcoins.com\/visit\/edgex-2026-campaign\" class=\"sc-button sc-button-green sc-button-medium\" target=\"_blank\" rel=\"nofollow sponsored\"><span>EXCLUSIVE: Earn $50 With EdgeX and Enter $300K Prize Draw<\/span><\/a><\/p>\n<h2>More Ledger Utility Does Not Automatically Mean More XRP Ripple Demand<\/h2>\n<p>Clearpool\u2019s governance forum describes the XRPL initiative as part of a broader move toward institutional credit, with the lending infrastructure still subject to technical rollout. Its proposal says the product was being tested on XRPL Devnet and that the XLS-65 Single Asset Vaults and XLS-66 Lending Protocol were in the amendment process. Those details make execution-not just the vote-an important part of the story.<\/p>\n<p>For the XRP price case, the primary article\u2019s October 5 snapshot provides difficult context: XRP was down 50% over the prior year and about 59% below its reported $3.65 all-time high from July 2025. It put XRP\u2019s market capitalization near $95 billion, with approximately 63.1 billion tokens circulating against a maximum supply of 100 billion.<\/p>\n<p>A project migration alone is a small demand signal for an asset of that scale. The primary article also notes that Ripple continues to release XRP from escrow reserves over time, another supply factor investors may weigh alongside any new demand.<\/p>\n<p>XRPL activity and XRP demand are related, but they are not interchangeable. The <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/presales\/ethereum-price-rlusd-xrpl-analysis\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">use of RLUSD across Ethereum and the XRP Ledger<\/a> helps illustrate why a stablecoin can support ledger activity without making XRP the principal asset in a transaction.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-376608 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-10.50.14.png\" alt=\"Clearpool\u2019s XRPL expansion won 97% support, but RLUSD loans may add activity without creating strong direct demand for the XRP Ripple token.\" width=\"2474\" height=\"780\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-10.50.14.png 2474w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-10.50.14-300x95.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-10.50.14-1024x323.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-10.50.14-768x242.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-10.50.14-1536x484.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-10.50.14-2048x646.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-06-at-10.50.14-50x16.png 50w\" sizes=\"auto, (max-width: 2474px) 100vw, 2474px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/defillama.com\/chain\/xrpl\" target=\"_blank\" rel=\"noopener nofollow\">SOURCE: DefiLlama<\/a>)<\/p>\n<p><a href=\"https:\/\/99bitcoins.com\/goto\/kraken\" class=\"sc-button sc-button-green sc-button-medium\" target=\"_blank\" rel=\"nofollow sponsored\"><span>Discover 800+ Trading Pairs You Can Trust With Kraken<\/span><\/a><\/p>\n<h2>What Would Make the XRP Catalyst Stronger?<\/h2>\n<p><span style=\"font-weight: 400\"><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_6ac4d4ecab891\" data-coin-id=\"xrp\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_6ac4d4ecab891-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_6ac4d4ecab891-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_6ac4d4ecab891-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_6ac4d4ecab891-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_6ac4d4ecab891-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_6ac4d4ecab891-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_6ac4d4ecab891-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_6ac4d4ecab891-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_6ac4d4ecab891-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_6ac4d4ecab891-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_6ac4d4ecab891-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_6ac4d4ecab891-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p>\u00a0<\/span><\/p>\n<p><strong>Bull case:<\/strong> Future Clearpool or Ripple products could use XRP as collateral, require XRP liquidity, or connect currencies through XRP. Those uses would create a more direct link between credit activity and demand for the token, but the current RLUSD-denominated product doesn\u2019t establish them.<\/p>\n<p><strong>Base case:<\/strong> The migration brings a credit platform and more RLUSD activity to XRPL, while XRP\u2019s role remains mainly transaction fees. In that scenario, the ledger gains utility but the price effect stays limited.<\/p>\n<p><strong>Bear case:<\/strong> Loans remain in RLUSD and protocol-fee buybacks support CLEAR, leaving little incremental reason for borrowers or lenders to hold XRP. That would reinforce the distinction between network growth and token demand highlighted by <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/xrp-ripple-ledger-new-users-stall\/\" target=\"_blank\" rel=\"noopener\">XRP Ledger activity and demand for XRP<\/a>.<\/p>\n<p>The 97% vote is meaningful evidence that Clearpool intends to expand institutional credit on XRPL. It is not, on its own, evidence of a strong XRP-price catalyst: the announced loans use RLUSD, while the planned fee buybacks target CLEAR.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">15+ Upcoming Coinbase Listings to Watch in 2026<\/a><\/strong><\/p>\n<p><b>Follow 99Bitcoins on<\/b><a href=\"https:\/\/x.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"nofollow noopener\"> <b>X<\/b><\/a><b> For the Latest Market Updates and Subscribe on<\/b><a href=\"https:\/\/www.youtube.com\/@99bitcoins\" target=\"_blank\" rel=\"nofollow noopener\"> <b>YouTube<\/b><\/a><b> For Daily Expert Market Analysis.<\/b><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/xrp-ripple-ledger-clearpool-expansion\/\">Clearpool\u2019s 97% Vote Brings Credit to XRPL, Not Ripple XRP Demand<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Clearpool holders approved an expansion to the XRP Ripple Ledger with 97% support, backing a one-for-one conversion from CPOOL to the new CLEAR token. But the institutional credit product tied to the move lends and repays in RLUSD, not XRP-a distinction that could lift activity on the ledger without creating much direct demand for XRP. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-149002","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/149002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=149002"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/149002\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=149002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=149002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=149002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}