Flare Unlocks Institutional Lending for XRP Holders on Ethereum
Flare's integration of FXRP into Sentora's RLUSD vault on Morpho has opened up institutional-grade lending to Ethereum for XRP holders. This milestone marks the first time an XRP-based asset has been accepted as collateral in a curated lending vault on Ethereum mainnet, allowing XRP to participate in institutional DeFi.
Holders can now convert their XRP into FXRP, bridge it to Ethereum, and deposit it into Sentora's RLUSD vault. They can then borrow RLUSD using FXRP as collateral while retaining full exposure to XRP's price movements.
This integration addresses one of XRP's biggest limitations by allowing holders to unlock liquidity without selling their assets, a move that could significantly expand XRP's utility beyond cross-border payments and exchange trading.