Flare Simplifies DeFi Access for XRP Holders with Smart Accounts v1.3 Update

Flare Network has released an update to its Smart Accounts v1.3, simplifying access to DeFi for XRP holders.

With this update, users can now mint FXRP and deposit it into yield-generating vaults with a single XRPL signature, eliminating the need for manual bridging or separate EVM wallets.

The update builds on growing momentum for XRPFi, which has seen a nearly 75% increase in deployed FXRP since February 2026, from 82 million to 144 million.

Flare Smart Accounts v1.3 reduces the complexity of accessing DeFi for XRP holders, who can now go from XRP to yield with a single signature while remaining fully non-custodial.