TLDRRipple plans to enter the tokenized private credit market through a new institutional lending system on the XRP Ledger.RippleX is developing the lending feature with Clearpool Finance and Cicada Partners for real-world business borrowers.Loans will use Ripple’s RLUSD stablecoin, while lending transactions will run directly on XRPL.The system will use the XLS-65 Single Asset Vaults and XLS-66 Lending Protocol amendments.XRP will remain necessary for transaction fees and wallet reserves, increasing its utility within the lending network.Ripple is preparing to expand XRP Ledger into institutional private credit through a new lending system built with Clearpool Finance and Cicada Partners. The plan aims to connect XRPL with a tokenized private credit market valued at above $10 billion while giving real-world businesses access to working capital across regulated institutional lending markets.Unlike much of DeFi lending, where funds often circulate inside crypto markets, the proposed system will focus on fintech and payment companies. Borrowers will receive loans in RLUSD, Ripple’s regulated stablecoin, while XRPL will process lending activity on-chain.Ripple Backs Native Lending InfrastructureRippleX developers plan to build the lending system directly into XRP Ledger through the XLS-65 Single Asset Vaults and XLS-66 Lending Protocol amendments. The design removes reliance on third-party smart contracts and places core lending functions inside XRPL’s base protocol.https://t.co/EIfTEKoPnS— Cicada Partners (@cicadacredit) August 20, 2026Loan pools, issuance, repayments, and related activity will all run on XRPL. Each transaction will require XRP for network fees and wallet reserves, giving the token a direct role in the lending process as activity grows.RLUSD Loans Target Real-World BorrowersThe lending system will use RLUSD for loans to businesses seeking working capital. The stablecoin operates under New York Department of Financial Services oversight, while Bank of New York provides custody support.Ripple will also invest in the lending fund under the same terms as other institutions. The company will not guarantee returns, and all investors will share the same rights and risks on a pari passu basis.Validator Vote Will Decide Mainnet LaunchDevelopers have added compliance tools designed for institutional use. These include digital participant identities and a Clawback feature that can return funds when required under set rules.Clearpool is now testing end-to-end lending scenarios on XRPL Devnet. A Mainnet launch will depend on independent validators approving and activating the XLS-65 and XLS-66 amendments through the network’s amendment voting process.The post Ripple Pushes XRPL Into Private Credit With RLUSD Lending Plan appeared first on Blockonomi.