Flare Brings FXRP Borrowing Live on Ethereum via Morpho Market

Flare has launched FXRP borrowing on Ethereum through its Morpho market, enabling XRP holders to post collateral and draw RLUSD without manual bridging. This is made possible by Flare Smart Accounts, a non-custodial flow that requires no new wallets or manual bridging. The routing layer has been optimized, allowing XRP from an XRPL wallet to be moved directly into an Ethereum lending market.

This extension of the XRPL gives FLR a direct utility source tied to borrowing activity rather than token transfers. For RLUSD, the market adds a venue where the stablecoin is supplied against XRP exposure. The adoption and usage of the Morpho market now depend on how many XRP holders adopt this flow.