Market News / Story
Clearpool’s 97% Vote Brings Credit to XRPL, Not Ripple XRP Demand
99Bitcoins ·
99Bitcoins reports: 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. Governance vote passedThe Clearpool community has approved expansion to the XRP Ledger and the 1:1 migration of CPOOL → CLEAR with 97.16%…