XRP holders now have access to Ripple's stablecoin RLUSD through a new lending option on Ethereum.
This is made possible by Sentora's $280M RLUSD vault, which has approved Flare Network's FXRP token as collateral.
FXRP tokens are backed 1:1 by XRP and can be bridged to Ethereum for use in a dedicated lending market, reducing the risk of selling XRP on the open market.
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