Doppler and Flare Team Up to Streamline XRP Access
Doppler Finance is partnering with Flare to bring direct access to its vaults for XRP holders through Doppler's platform. This integration aims to simplify entry into financial strategies and products, while leaving each investment subject to its own operating conditions and risks.
FXRP represents a one-for-one relationship between XRP and Flare's financial applications, allowing holders to create FXRP by depositing XRP and redeem it for the underlying tokens. This interface would expose assets to software vulnerabilities and market losses, but also provide earning rewards on deposited crypto.
The collaboration follows Doppler's plans for more networks and managers in its roadmap, which includes managed vaults, lending, and credit with different withdrawal conditions. Over $150 million has been deposited by over 14,000 users since February 2025 into XRP products and those supporting RLUSD, Ripple's dollar-pegged stablecoin.
Flare credits Doppler for making the first move in expanding its FXRP products through Doppler, describing wider reach for XRPFi: 'XRPFi gets bigger from here.'