Flare Networks Unlocks XRP Yield Potential with Simplified Vault Process
Flare Networks has rolled out an update that allows XRP holders to mint FXRP, a token backed by XRP, and deposit it into yield-generating vaults with just one signature.
This simplifies the process of earning returns on XRP investments, eliminating the need for complex bridging or separate wallets.
Since February 2026, FXRP deployed in DeFi has grown 75%, reaching 144 million tokens, with over 40 million XRP earning yield through integrated wallets.
This development opens new opportunities for XRP holders to earn returns via diversified strategies on platforms like Monarq and Clearstar.